Transaction in Own Shares • Nov 26, 2020
Transaction in Own Shares
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| Summary Info | Termination of Share Buyback Program |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Company Performs the Buy-Back | BİM BİRLEŞİK MAĞAZALAR A.Ş. |
| Company Subject to Buy-Back | BİM BİRLEŞİK MAĞAZALAR A.Ş. |
| Type Of Buy-Back | Other |
| The Purpose of Buy-Back | The share price does not reflect the real performance of the Company's activities. |
| Board Decision Date | 07.08.2020 |
| Number Of Shares To Be Acquired | 10.000.000 |
| Maximum Amount To Be Paid (TL) | 700.000.000 |
Details of Buy-Back
| Code of Share Subject to Buy-back | Transaction Date | Nominal Value of Shares Subject to Transaction (TRY) | Ratio To Capital (%) | Transaction Price (TRY / Unit) | Privileges, If Any, Associated With These Shares |
| BIMAS, TREBIMM00018 | 07.08.2020 | 10.000 | 0,002 | 62 | - |
| BIMAS, TREBIMM00018 | 10.08.2020 | 1.400.000 | 0,231 | 64,358 | - |
| BIMAS, TREBIMM00018 | 11.08.2020 | 725.000 | 0,119 | 65,787 | - |
| BIMAS, TREBIMM00018 | 12.08.2020 | 1.675.000 | 0,276 | 66,271 | - |
| BIMAS, TREBIMM00018 | 13.08.2020 | 1.592.393 | 0,262 | 67,297 | - |
| BIMAS, TREBIMM00018 | 14.08.2020 | 180.500 | 0,03 | 67,431 | - |
| BIMAS, TREBIMM00018 | 01.09.2020 | 15.000 | 0,002 | 67,457 | - |
| BIMAS, TREBIMM00018 | 03.09.2020 | 11.000 | 0,002 | 67,475 | - |
| BIMAS, TREBIMM00018 | 10.09.2020 | 62.099 | 0,01 | 67,59 | - |
Completion of Buy-Back
| Code of Share Subject to Buy-back | The Maximum Price Paid For The Buy-Backed Shares (TRY / Unit) | The Average Price Paid For The Buy-Backed Shares (TRY / Unit) | The Cost-Of Buy-Back Program (TRY) | Source Used in the Buy-Back Process | Total Number Of Buy-Backed Shares | Ratio Of Buy-Backed Shares To Capital (%) |
| BIMAS, TREBIMM00018 | 67,6 | 66,07 | 374.707.649,93 | Şirket İç Kaynakları/Internal Resources | 5.670.992 | 0,934 |
Additional Explanations
The Board of Directors has taken the following decisions on the 26 November 2020 referring to the share buy-back program started on 07.08.2020;
1) The buy-back program is ended as of November 26, 2020,
2) The public disclosure liabilities are to be met regarding the buy-back transaction within the program,
3) The shareholders are to be informed about the related transactions in the first General Assembly Meeting.
4) Executive Committee Member & CFO Haluk Dortluoğlu is authorized to sell the shares which are bought within the buy-back program on the market if required.
The total number of shares bought back within the program is 5.670.992 in nominal which correspond 0,9340% of the company share capital and TL 374.707.649,93 paid for the transactions in total. The buy-back was financed from the company internal resources. The lowest and highest transaction prices per share were TL62,00 and TL67,60 respectively. The average transaction price was TL66,07.
In the event of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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