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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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30.05.2025
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Hayır (No)
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Summary of the Material Event Disclosure dated 30.05.2025:
1) It has been announced that, within the scope of the strategic objectives of the Tera Group, negotiations have been initiated with our 100% subsidiary Özova Tarım A.Ş.
2) The negotiations have mainly focused on:
a) An investment to be made by Tera Group in Özova Tarım A.Ş. through a capital increase, share transfer, or other financial methods,
b) Cooperation between the two groups by combining their knowledge and experience in order to expand the current commercial activities of Özova Tarım A.Ş., particularly in international markets, and/or initiating activities in the olive oil production sector,
c) Evaluating potential cooperation in activities related to the production of food products within the scope of greenhouse farming.
As a result of the ongoing negotiations between the parties, a preliminary agreement has been reached on Tera Group making an investment in Özova Tarım A.Ş. through a capital increase, and the process regarding the signing of a "Capital Participation Agreement" is currently underway.
Feasibility studies have also been initiated for carrying out activities in the olive oil production sector by combining the expertise of Tera Group and Özova Tarım A.Ş.
With respect to activities concerning the production of food products within the scope of greenhouse farming, the parties have agreed to commence new investments or develop existing investments on the basis of equal shareholding.
In line with the negotiations between Tera Group and Özova Tarım A.Ş., further public disclosures will be made in accordance with the provisions of Article 23, paragraph 7 of the Material Events Communiqué (II-15.1) regarding developments in the process.
Respectfully submitted for the information of investors and the public.
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