| What is the shareholder structure of Vestel Elektronik? |
| Shareholder |
Value (TL) |
Share% |
|
| Collar Holding BV |
250,952,128 |
74.81 |
|
| Other (Free float) |
75,355,600 |
22.46 |
|
| Zorlu Holding |
9,148,547 |
2.73 |
|
| Total |
335,456,275 |
100.00 |
|
|
| When was the public offering of Vestel Elektronik and in which stock exchange the shares are listed? |
| Vestel Elektronik's shares have been trading on the Istanbul Stock Exchange (ISE) National Market since 1990 under the symbol VESTL. Since 2000, they have also been trading on the London Stock Exchange. |
|
| What is the free float? |
| Vestel Elektronik's free float is 22.46%. |
|
| What is the Company's paid-in capital? |
| Vestel Elektronik's paid-in capital is TL 335,456,275. |
|
| Who are in the Board of Directors of Vestel Elektronik? |
| The Board of Directors consists of Ahmet Nazif Zorlu (Chairman), Prof. Ekrem Pakdemirli, Olgun Zorlu, Mehmet Emre Zorlu, Ömer Yüngül, Yılmaz Argüden, and Enis Turan Erdoğan. |
|
| When are the General Assembly Meetings held? |
| The General Assembly Meetings of Vestel Elektronik were held at May in the last five years. The date, time and place of the meetings are announced via İstanbul Stock Exchange announcement and our website as well as the announcement published on two daily national newspapers. |
|
| When is Vestel Elektronik's fiscal year? |
| Vestel Elektronik's fiscal year is the 12-month calendar year (January - December). |
|
| What is Vestel Elektronik's dividend policy? |
None of the Company's shares incorporate special rights concerning the distribution of the Company's profits. Each share of stock is entitled to an equal dividend.
In accord with the dividend distribution policy established in the Board of Directors meeting held on 19 March 2007, the Company decided to distribute dividends that are equal to minimum 25% of the distributable profit in cash or in the form of bonus shares to the shareholders, including 2006-year profits. The amount of dividends to be distributed shall be proposed depending on national and global economic conditions and the Company's growth plan by the Board of Directors each year at the general meeting. At the general meeting for 2008 held on 27 May 2009, the shareholders were informed that adherence to the said policy will be continued. |
|
| Did Vestel Elektronik pay out any dividends in 2009? |
| Although profits had been determined in the financial statements being prepared according to the "Communiqué on Principles of Financial Reporting in Capital Markets Serial XI and No:29" and "Tax Procedure Law", losses from the previous years had appeared in the financial statements in which inflation adjustments had been made as of the date of 31.12.2003 in accordance with the Communiqué Serial XI and No: 21, and no profit remained as a result of deduction of 2009 earnings from these losses. Accordingly, The Board of Directors of Vestel Elektronik decided to propose no dividend payment. |
|
| Where can I find the Annual Report of Vestel Elektronik? |
| The Annual Reports of Vestel Elektronik can be reached from the menu on our web-site under "Annual Reports" title. |
|
| Where can I find the financial statements of Vestel Elektronik? |
| The financial statements of Vestel Elektronik can be reached from the menu on our web-site under "Financials" title |
|
| Where can I find the Articles of Incorporation of Vestel Elektronik? |
| The Articles of Incorporation of Vestel Elektronik can be reached from the menu on our web-site under "Corporate Governance" title. |
|
| Does Vestel Elekctronik have Corporate Governance Compliance Report and Public Disclosure Policy? |
| The Corporate Governance Compliance Report ve Public Disclosure Policy of Vestel Elektronik can be reached from the menu on our web-site under "Corporate Governance" title. |
|
| What are the ratings of Vestel Elektronik? |
| Corporate Credit Ratings |
| S&P |
B-/Stable |
| Fitch Ratings |
B/Stable |
| Moodys |
B3/Stable |
|
|
| Who can I contact regarding Vestel Elektronik's shareholder questions? |
| For shareholder questions you can e-mail Investor Relations at yatirimci@vestel.com.tr
|
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