[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_NoncurrentAssetSaleAbstract|
Non-Current Asset Sale
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_NatureOfNonCurrentAssetSold|
Nature of Non Current Asset Sold
Land and field with factory building and outbuildings
oda_LocationAndAreaOfNoncurrentAssetSold|
Location and Area of Non-current Asset Sold
Kırklareli province, Lüleburgaz district, Köy Altı, Demiryolu Ergene, and Ovacık - Total area: 132,957 sqm
oda_BoardDecisionDateForSale|
Board Decision Date for Sale
22/01/2021
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
Were Majority of Independent Board Members' Approved the Board Decision for Sale?
Yes
oda_TotalSalesValue|http://www.xbrl.org/2003/role/verboseLabel
Total Sales Value
60,000,000 TL excluding VAT
oda_RatioOfTransactionAmountToValueOfCompanyBasedOnTheMathematicalWeightedAverageOnADailyBasisSixMonthsPriorToDateOfBoardDecision|
Ratio of Transaction Amount to Value of Company Based on the Mathematical Weighted Average on a Daily Basis, Six Months Prior to Date of Board Decision (%)
0.5%
oda_RatioOfSalesPriceToPaidInCapitalOfCompany|
Ratio of Sales Price to Paid-in Capital of Company (%)
10.1%
oda_RatioOfSalesValueToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Sales Value to Total Assets in Latest Disclosed Financial Statements of Company (%)
0.1%
oda_RatioOfSalesValueToTotalNetNoncurrentAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Sales Value to Total Net Non-current Assets in Latest Disclosed Financial Statements of Company (%)
0.5%
oda_RatioOfValueOfNoncurrentAssetToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Value of Non-current Asset to Total Assets in Latest Disclosed Financial Statements of Company (%)
0.01%
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
0.3%
oda_SalesConditions|
Sales Conditions
Peşin (Cash)
oda_DateOnWhichRheTransactionWasWillBeCompleted|
Date on which the Transaction was/will be Completed
Following the necessary approvals, the transaction is expected to be completed within the first quarter of 2021.
oda_AimOfSaleAndEffectsOnCompanyOperations|
Aim of Sale and Effects on Company Operations
The purpose of the sales is turn the idle assets into gain for operating activities which will have a positive impact.
oda_ProfitLossArisedAfterSaleOfNoncurrentAsset|
Profit / Loss Arised After Sale of Non-Current Asset
54.8 million TL
oda_HowWillSalesProfitBeUsedIfExists|
How will Sales Profit be Used if Exists?
The proceeds will be used in operating activities.
oda_BoardDecisionDateForUseOfSalesProfitIfExists|
Board Decision Date for Use of Sales Profit if Exists
None
oda_CounterParty|
Counter Party
Toybox Gıda Pazarlama Sanayi ve Ticaret A.Ş.
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
Is Counter Party a Related Party According to CMB Regulations?
Hayır (No)
oda_NatureofRelationWithCounterParty|
Nature of Relation with Counter Party
-
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
23/12/2020
oda_ExercisePriceOfRetirementRightRelatingToSignificantTransaction|
Exercise Price of Retirement Right Relating to Significant Transaction
-
oda_ValueDeterminationMethodOfNoncurrentAsset|
Value Determination Method of Non-Current Asset
Market value
oda_DidValuationReportBePrepared|
Did Valuation Report be Prepared?
Düzenlendi (Prepared)
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
Reason for not Preparing Valuation Report if it was not Prepared
-
oda_DateAndNumberOfValuationReport|
Date and Number of Valuation Report
18.01.2021 / 2021/141
oda_TitleOfValuationCompanyPreparedReport|
Title of Valuation Company Prepared Report
Nova Taşınmaz Değerleme ve Danışmanlık A.Ş.
oda_ValueDeterminedInValuationReportIfExists|
Value Determined in Valuation Report if Exists
57,435,000 TL
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report
-
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Within the scope of our production network optimization program initiated, our Company has decided to suspend brewing operations in Lüleburgaz brewery in 2014 while the related facilities have continued to be used for our sales, distribution and logistics activities since then. Our Board of Directors has decided on 22/01/2021; to sell our company's real estate registered in Lüleburgaz, Kırklareli province, consisting of the industrial parcel on which our Lüleburgaz brewery is located and the agricultural parcels around it, to Toybox Gıda Pazarlama Sanayi ve Ticaret A.Ş. for a total value of 60,000,000 TL (Sixty Million TL) excluding VAT and to authorize Company management to conduct all kinds of transactions related to the sale of the said real estate.

Further developments will be duly announced.