[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_NotificationAboutNewsOrRumoursAbstract|
Notification About News Or Rumours
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_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

The statement is made in accordance with Article 9 of the Capital Markets Board's Communiqué on Material Events Disclosure (II-15.1) due to the news published in the national press on June 14, 2020 included statements from the Mayor of Karadeniz Ereğli about our Company.

On June 11, 2020, our Company was notified by the Municipality of Karadeniz Ereğli within the scope of Article 42 of the Construction Law, a total fine of 139.126.896,09 TL with 5 separate minutes. Our Company fulfills its taxes and all other liabilities in time and in full compliance with the law. Since it is evaluated that the said application is not in compliance with the law and the related legislation, the legal process will be initiated by our Company on the subject and the related developments will be shared with the public through the Public Disclosure Platform.

In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.