As filed with the Securities and Exchange Commission on December 3, 2018 Reg. No.

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM F-6

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933 FOR AMERICAN DEPOSITARY SHARES

 

 

 

Turkcell iletisim hizmetleri a.s.

(Exact name of issuer of deposited securities as specified in its charter)

 

 

 

Turkcell

(Translation of issuer’s name into English)

 

 

 

Republic of Turkey

(Jurisdiction of incorporation or organization of issuer)

 

 

 

CITIBANK, N.A.

(Exact name of depositary as specified in its charter)

 

 

 

388 Greenwich Street

New York, New York 10013

(877) 248-4237

(Address, including zip code, and telephone number, including area code, of depositary’s principal executive offices)

 

 

 

Corporation Service Company

1180 Avenue of the Americas, Suite 210

New York, NY 10036

(Address, including zip code, and telephone number, including area code, of agent for service)

 

 

 

Copies to:

Sami L. Toutounji, Esq.

Sherman & Sterling

114 Avenue des Champs Elysees
Paris, France 75008

Herman H. Raspé, Esq.

Patterson Belknap Webb & Tyler LLP
1133 Avenue of the Americas
New York, New York 10036

 

 

 

It is proposed that this filing become effective under Rule 466: immediately upon filing.  
  on (Date) at (Time).  

  

If a separate registration statement has been filed to register the deposited shares, check the following box :  ☐

 

 

 

CALCULATION OF REGISTRATION FEE

Title of Each Class of 
Securities to be Registered

Amount to be 
Registered

Proposed Maximum 

Aggregate Price Per

Unit*

Proposed Maximum 

Aggregate Offering

Price**

Amount of

Registration Fee

 

American Depositary Shares (“ADS(s)”), each ADS representing two and one-half (2½) shares of Common Stock of Turkcell Iletisim Hizmetleri A.S. 250,000,000 ADSs $5.00 $12,500,000.00 $1,515.00

 

*Each unit represents 100 ADSs.
**Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of ADSs.

 

 

This Registration Statement may be executed in any number of counterparts, each of which shall be deemed an original, and all of such counterparts together shall constitute one and the same instrument.

 

ii

 

PART I

 

INFORMATION REQUIRED IN PROSPECTUS

 

Cross Reference Sheet

 

Item 1.DESCRIPTION OF SECURITIES TO BE REGISTERED

 

Item Number and Caption

 

Location in Form of American

Depositary Receipt (“Receipt”)
Filed Herewith as Prospectus

     
1. Name of Depositary and address of its principal executive office   Face of Receipt -  Introductory Article.
       
2. Title of Receipts and identity of deposited securities   Face of Receipt  - Top Center.
         
  Terms of Deposit:    
       
  (i) The amount of deposited securities represented by one American Depositary Share ("ADSs")   Face of Receipt  - Upper right corner.
         
  (ii) The procedure for voting, if any, the deposited securities   Reverse of Receipt  - Paragraphs (16) and (17).
         
  (iii) The collection and distribution of dividends   Reverse of Receipt - Paragraph (14).
         
  (iv) The transmission of notices, reports, and proxy soliciting material   Face of Receipt  - Paragraph (13);
Reverse of Receipt - Paragraph (16).
         
  (v) The sale or exercise of rights  

Reverse of Receipt – Paragraphs (14) and (16).

         
  (vi) The deposit or sale of securities resulting from dividends, splits, or plans of reorganization  

Face of Receipt - Paragraphs (3) and (6);

Reverse of Receipt - Paragraphs (14) and (18).

         
  (vii) Amendment, extension or termination of the deposit agreement   Reverse of Receipt - Paragraphs (22) and (23) (no provision for extensions).
         
  (viii) Rights of holders of Receipts to inspect the transfer books of the Depositary and the list of holders of ADSs   Face of Receipt - Paragraph (13).

 

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Item Number and Caption  

Location in Form of American

Depositary Receipt (“Receipt”)

Filed Herewith as Prospectus

         
  (ix) Restrictions upon the right to deposit or withdraw the underlying securities   Face of Receipt – Paragraphs (2), (3), (4), (6), (7), (9), and (10).
         
  (x) Limitation upon the liability of the Depositary  

Face of Receipt - Paragraph (7);

Reverse of Receipt - Paragraphs (19) and (20).

         
3. Fees and charges which may be imposed directly or indirectly on holders of ADSs   Face of Receipt - Paragraph (10).
         
Item 2.              AVAILABLE INFORMATION   Face of Receipt - Paragraph (13).

 

The Company is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly, files certain reports with the United States Securities and Exchange Commission (the “Commission”). These reports can be retrieved from the Commission’s website (www.sec.gov), and can be inspected by holders of ADSs and copied at public reference facilities maintained by the Commission located at 100 F Street, N.E., Washington D.C. 20549, and at the principal executive office of the Depositary.

 

I-2

 

PROSPECTUS

 

The Prospectus consists of the American Depositary Receipt attached as Exhibit A to the Amended and Restated Deposit Agreement filed as Exhibit (a) to this Registration Statement on Form F-6 and is incorporated herein by reference.

 

I-3

 

PART II

 

INFORMATION NOT REQUIRED IN PROSPECTUS

 

Item 3.EXHIBITS

 

(a)Amended and Restated Deposit Agreement, dated as of July 6, 2011, by and among Turkcell Iletisim Hizmetleri A.S. (the “Company”), Citibank, N.A., as depositary (the “Depositary”), and all Holders and Beneficial Owners of American Depositary Shares issued thereunder (“Deposit Agreement”). — Filed herewith as Exhibit (a).

 

(b)Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. — None.

 

(c)Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. — None.

 

(d)Opinion of counsel for the Depositary as to the legality of the securities to be registered. — Filed herewith as Exhibit (d).

 

(e)Certificate under Rule 466. — Filed herewith as Exhibit (e).

 

(f)Powers of Attorney for certain officers and directors and the authorized representative of the Company. — Set forth on the signature pages hereto. Evidence of Powers of Attorney for directors of the Company. — Filed herewith as Exhibit (f).

 

II-1

 

Item 4UNDERTAKINGS

 

(a)The Depositary undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of ADSs, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.

 

(b)If the amount of fees charged is not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an ADS thirty (30) days before any change in the fee schedule.

 

II-2

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, Citibank, N.A., acting solely on behalf of the legal entity created by the Deposit Agreement, dated as of July 6, 2011, by and among Turkcell Iletisim Hizmetleri A.S., Citibank, N.A., as depositary, and all Holders and Beneficial Owners from time to time of American Depositary Shares issued thereunder, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 3rd day of December, 2018.

 

  Legal entity created by the Deposit Agreement under which the American Depositary Shares registered hereunder are to be issued, each American Depositary Share representing two and one-half (2½) shares of Common Stock of Turkcell Iletisim Hizmetleri A.S.
     
  CITIBANK, N.A., solely in its capacity as Depositary
     
  By: /s/ Susanna Ansala
    Name: Susanna Ansala
    Title:   Vice President

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, Turkcell Iletisim Hizmetleri A.S. certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned thereunto duly authorized, in Istanbul, Turkey, on November 28, 2018.

 

  Turkcell Iletisim Hizmetleri A.S.
     
  By: /s/ Muhterem Kaan Terzioglu
    Name: Muhterem Kaan Terzioglu
    Title:   Chief Executive Officer
     
  By: /s/ Osman Yilmaz
    Name: Osman Yilmaz
    Title:   Chief Financial Officer

 

II-4

 

POWERS OF ATTORNEY

 

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Mr. Muhterem Kaan Terzioglu and Mr. Osman Yilmaz, acting jointly, to act as his/her true and lawful attorney-in-fact and agent, with full power of substitution, for him/her and in his/her name, place and stead, in any and all such capacities, to sign any and all amendments, including post-effective amendments, and supplements to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the United States Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as s/he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

 

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form F-6 has been signed by the following persons in the following capacities on November 28, 2018.

 

Signature   Title
     

/s/ Muhterem Kaan Terzioglu

 
Muhterem Kaan Terzioglu    
Chief Executive Officer    
     

/s/ Osman Yilmaz

 
Osman Yilmaz  
Chief Financial Officer    
Chief Accounting Officer    
     

/s/ Ahmet Akça

 
Ahmet Akça    
Chairman    
     

/s/ Atilla Koc

 
Atilla Koc    
Member    
     

/s/ Mehmet Hilmi Güler

 
Mehmet Hilmi Güler    
Member    

 

II-5

 

Signature   Title
     

/s/ Ingrid Maria Stenmark

 
Ingrid Maria Stenmark    
Member    
     

/s/ Mustafa Kiral

 
Mustafa Kiral    
Member    
     

/s/ Hasan Tuvan Yalim

 
Hasan Tuvan Yalim    
Member    

 

Authorized Representative in the U.S.

Puglisi & Associates

   
     
By: /s/ Donald J. Puglisi    
  Donald J. Puglisi    

 

II-6

 

Index to Exhibits

 

Exhibit Document

Sequentially

Numbered Page

     
(a) Amended and Restated Deposit Agreement  
     
(d) Opinion of counsel to the Depositary  
     
(e) Certificate under Rule 466  
     
(f) Evidence of Powers of Attorney for directors of the Company