[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
24.10.2019
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Hayır (No)
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Announcement Content
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Explanations
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Our company's indirect subsidiary, Global Ports Holding (GPH), has officially informed us that, following the completion of the new pier construction that significantly increased passenger capacity at the Antigua Cruise Port, it has now commenced the construction of a new state-of-the-art passenger terminal at Heritage Quay, marking the beginning of the second phase of the project. GPH has been operating the Antigua Cruise Port since October 2019.
The new passenger terminal, which will be built on approximately four acres, is expected to significantly enhance the passenger experience and stimulate economic opportunities on the island. Scheduled for completion in June 2026, the terminal is part of GPH's $45 million investment commitment, announced when it took over operations in October 2019. The terminal will offer a range of amenities, including food and beverage, retail shops, a park, and Antigua Day Club, complete with a swimming pool, restaurant, and bar.

With the completion of the new terminal, the cruise tourism potential in the region is expected to increase significantly, further strengthening GPH's presence in the Caribbean and reinforcing the Company's growth strategies in the region.

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.