KAP ***MERIT*** MERIT TURİZM YATIRIM VE İŞLETME A.Ş.( Notification Regarding Dividend Distribution Transactions

***MERIT*** MERIT TURİZM YATIRIM VE İŞLETME A.Ş. (Notice on Dividend Distribution Transactions)

Summary information on the decision of the board of directors on the distribution of profits 2021
Is the description an update? Nope
Is the explanation correct? Nope
Is the disclosure deferred disclosure? Nope

Decision date 18.04.2022
Method of paying dividends in cash in advance
Currency TRY
No payment in shared format

Amount and ratios of payment of cash dividends
Share Group Information Payment Cash Dividend Payable at 1 TL Par Value Share – Gross (TL) Cash Dividend Payable at 1 TL Par Value Share – Gross (%) Withholding Tax Rate (%) Cash Dividend payable at 1 TL Par value Share – Net (TL) ) Cash dividend payable at 1 share of par value TL – Net (%)
Group A, Not Traded, TREMRTT00024 Initial 0.1500000 15 10 0.1350000 13.5
Group B, MERIT, TREMRTT00016 Advance 0.1500000 15 10 0.1350000 13.5

Dividend payment dates
Payment date for the use of proposed cash dividends (1)
Final date of use of cash dividend rights (2)
Date of payment (3)
Registration date (4)

in advance 06.06.2022 08.06.2022 07.06.2022

(1) Date on which the dividend will be paid by the company and the share will start trading without the right to the dividend (offered).
(2) Date on which the dividend will be paid by the company and the share will start trading without the right to the dividend (final).
(3) Date of registration of shareholders whose shares are traded on the stock exchange.
(4) Date on which the beneficiaries of shares listed on the stock exchange are determined.
Amount of payment of dividends and ratios in shares
Information on the group of shares Amount of dividends to be distributed in shares (TL) Dividends to be distributed in shares (%)
Group A, Not Traded, TREMRTT00024 0 0
Group B, MERIT, TREMRTT00016 0 0

Remarks
During the meeting of our Board of Directors held today on 18.04.2022,
As can be seen in the attached profit distribution table,
In our 2021 financial statements prepared under Turkish Accounting Standards (TMS), our net profit for the period is TL 3,898,408, and in our financial statements prepared in accordance with legal records, our net profit for the period is 3,955,480.96 TL.
Net profit for the period amounting to TL 3,898,408 included in our financial statements prepared according to TAS
– Allocate 1st class legal reserves in the amount of 197,774.05 TL,
– Distribution of 1,402,500.00 TL in cash to shareholders as the first dividend (5% of 28,050,000 TL of issued capital)
– Of the remaining profit amounting to 2,298,133.95 TL, 229,813.40 TL of general legal reserves will be set aside and the net balance of 2,068,320.55 TL will be distributed in cash to shareholders as a second dividend ,
– 73,667.95 TL General legal reserves from retained earnings in the amount of 810,347.40 TL and the net balance of 736,679.45 TL to be distributed in cash to the partners,
– Determine the total dividend to be distributed in the amount of 4,207,500 TL (the gross amount of profit sharing corresponding to each share with a nominal value of 1 TL is 0.15 TL),
Distribution of cash dividends from June 6, 2022,
To submit this dividend distribution proposal from our Board of Directors to the approval of our General Meeting,
It has been decided that this decision regarding the Profit Allocation Proposal and the attached 2021 Profit Allocation Table will be announced to the public.

DIVIDEND DISTRIBUTION TABLE
MERİT TURİZM YATIRIM VE İŞLETME A.Ş. Dividend distribution table for the period 01.01.2021/31.12.2021 (TL)
1. Paid-in/issued capital 28,050,000
2. General legal reserve (according to legal records) 510,000
If there is a profit distribution privilege under the articles of association, information on this privilege None.

*According to CMB Legal Records (YK)
3. Profit for the period 5,225,708 5,273,508.72
4. Taxes ( – ) -1,327,300 -1,318,027.76
5. Net profit for the period 3,898,408 3,955,480.96
6. Losses from previous years ( – ) 0 0
7. General legal reserves ( – ) -197,774.05 -197,774.05
8. Distributable Net Profit for the Period 3,700,633.95 3,757,706.91
Advance on dividends distributed during the year (-) 0 0
Net distributable income for the period after deduction of interim dividends 3,700,633.95 0
9. Donations made during the year ( + ) 0 0
10. Distributable Net Profit for the Period Added to Donations 3,700,633.95 0
11. First dividend to shareholders 1,402,500 0
* Cash 1,402,500 0
* Free 0 0
12. Dividend distributed to preferred shareholders 0 0
13. Other dividends distributed 0 0
* To Employees 0 0
* To the members of the Board of Directors 0 0
* To persons except shareholders 0 0
14. Dividend distributed to usufructuaries 0 0
15. Second dividend to shareholders 2,298,133.95 0
16. General legal reserve 303 481 34 0
17. State reservations 0 0
18. Special reserves 0 0
19. Extraordinary reserve 0 57,072.96
20. Other resources projected to be distributed 810,347.4 0

Dividend ratio table
Share Group TOTAL DIVIDEND DISTRIBUTED – CASH (TL) – TOTAL NET DIVIDEND DISTRIBUTED – BONUS (TL) TOTAL DIVIDEND DISTRIBUTED / NET DISTRIBUTABLE PROFIT FOR THE PERIOD (%) PROFIT SHARE WITH PAR VALUE OF 1 TL – AMOUNT (TL) – RATIO OF DIVIDEND FOR SHARE OF 1 TL PAR VALUE (%) – NET
Group A 66.17 0 0 0.135 13.5
Group B 4,207,433.83 0 1.14 0.135 13.5
TOTAL 4,207,500 0 1.14 0.135 13.5

http://www.kap.org.tr/tr/Bildirim/1021668

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