May 1, 2018 / 7:01 AM / 5 months ago

BRIEF-CEO of Turkey's Beymen says plans to float 49 pct of company

ISTANBUL, May 1 (Reuters) -

* CEO OF TURKEY’S BEYMEN SAYS TO FLOAT 49 PCT OF COMPANY, WITH SOME 74 PCT OF SHARES IN IPO TO GO TO INTERNATIONAL INVESTORS

* BEYMEN CEO SAYS BOOKBUILDING PLANNED FOR MAY 3-4, ISTANBUL BOURSE LISTING SEEN ON MAY 11

* BEYMEN CEO SAYS COMPANY WILL FOLLOW A POLICY TO DISTRIBUTE 100 PCT OF ITS DISTRIBUTABLE PROFIT, KEEPING ITS EQUITY CAPITAL AT 20 PCT

Reporting by Ebru Tuncay and Ceyda Caglayan

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