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English
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oda_NoncurrentAssetPurchaseAbstract|
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oda_UpdateAnnouncementFlag|
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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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-
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfNonCurrentAssetBought|
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B.A.K. Factory Building and Land? qualified immovable property
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oda_LocationAndAreaofNoncurrentAssetBought|
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It is located in Istanbul/Arnavutköy/Ömerli Neighborhood, on plot 5 of parcel 10714, with an area of 7,116.72 m².
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oda_BoardDecisionDateforPurchase|
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31/12/2025
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForPurchase|
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Approved
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oda_TotalPurchasingValue|http://www.xbrl.org/2003/role/verboseLabel
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10,260,000 Euros + VAT (The amount pertaining to the termination of the repurchase right held by Eraysan İmalat İthalat İhracat Plastik Makina Sanayi Ticaret A.Ş. and our Company's obligation to sell real estate under the contract, in accordance with the Right of First Refusal Transfer and Real Estate Sale Promise Agreement dated May 5, 2023)
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oda_RatioOfTransactionAmountToValueOfCompanyBasedOnTheMathematicalWeightedAverageOnADailyBasisSixMonthsPriorToDateOfBoardDecision|
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4.81%
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oda_RationofPurchasePriceToPaidInCapitalOfCompany|
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13.27%
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oda_RatioOfPurchasingValueToTotalAssetsinLatestDisclosedFinancialStatementsOfCompany|
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1.32%
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oda_RatioOfPurchasingValueToTotalNetNoncurrentAssetsInLatestDisclosedFinancialStatementsOfCompany|
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1.43%
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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42.56%
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oda_PurchasingConditions|
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1,200,000 euros will be paid in advance, and the remaining amount will be paid by January 23, 2026, subject to the fulfillment of the conditions specified in the contract.
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oda_DateOnWhichTheTransactionWasWillBeCompleted|
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31/12/2025
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oda_AimOfPurchaseAndEffectsOnCompanyOperations|
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Real Estate for Investment Purposes/Positive
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oda_CounterParty|
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Eraysan İmalat İthalat İhracat Plastik Makina Sanayi Ticaret A.Ş.
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Hayır (No)
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oda_NatureofRelationWithCounterParty|
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-
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oda_AgreementSigningDateIfExists|
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31/12/2025
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oda_ExercisePriceOfRetirementRightRelatingToSignificantTransaction|
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-
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oda_ValueDeterminationMethodOfNoncurrentAsset|
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Appraisal Report
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oda_DidValuationReportBePrepared|
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Düzenlendi (Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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-
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oda_DateAndNumberOfValuationReport|
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31/12/2025 - SM-25-SPK-026
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oda_TitleOfValuationCompanyPreparedReport|
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Smart Kurumsal Gayrimenkul Değerleme ve Danışmanlık A.Ş.
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oda_ValueDeterminedInValuationReportIfExists|
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10,645,000 Euros + VAT (The amount pertaining to the termination of the repurchase right held by Eraysan İmalat İthalat İhracat Plastik Makina Sanayi Ticaret A.Ş. and our Company's obligation to sell real estate under the contract, in accordance with the Right of First Refusal Transfer and Real Estate Sale Promise Agreement dated May 5, 2023)
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oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
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-
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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At the meeting of our Company's Board of Directors held on December 31, 2025 (today);
A) Regarding the "Transfer of Preemptive Right and Real Estate Sales Promise Agreement" signed with Eraysan İmalat İthalat İhracat Plastik Makina Sanayi Ticaret A.Ş. ("Eraysan") on May 5, 2023, the real estate located in Istanbul/Arnavutköy/Ömerli Mahallesi, with an area of 7,116.72 m², on parcel 5 of block 10714, described as "B.A.K. Factory Building and Land,owned by Eraysan, and the termination of our Company's real estate sale promise obligation ("Obligation") under the agreement, and that the following shall be stipulated in the agreement:
1) Termination of the right to lease and sell the aforementioned real estate to Eraysan until 2028, which is associated with the "Right of First Refusal Transfer and Real Estate Sales Promise Agreement" and the 76.53% (544663/711672) share held on the said real estate,
2) The purchase transaction shall be carried out based on the residual value calculated by deducting the previously paid pre-emption right and purchase price from the relevant share of the real estate (544,663/711,672) in accordance with the "Pre-emption Right Transfer and Real Estate Sales Promise Agreement."
3) In this context, the termination of our Company's Liability on the real estate shall be carried out at a value of EUR 10,260,000 (excluding VAT), in the same manner as determined by the real estate appraisal report at a value below EUR 10,645,000 (excluding VAT),
B) Simultaneously with the above transaction, the area corresponding to approximately one-fourth of the said real estate shall be leased to the company named Farklı Yatırım İnşaat A.Ş. at an annual rent of 250,000 Euros (excluding VAT) (the annual rent per square meter is 57 euros, while the annual rent per square meter determined by the appraisal report is approximately 49 euros).
The aforementioned purchase transaction and the signing of the lease agreement were completed today, December 31, 2025.
The real estate valuation report prepared by Smart Kurumsal Gayrimenkul Değerleme ve Danışmanlık A.Ş. regarding the said property is attached hereto. The purchase transaction was carried out below the value determined in the valuation report, while the lease transaction was carried out above the value determined in the valuation report.
This is respectfully announced to the public and our investors.
The English translation of this disclosure is attached hereto and in case of any discrepancy in the texts of the disclosure, the Turkish disclosure will be taken as the basis.
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