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Related Companies
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Related Funds
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English
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oda_RelatedPartyTransactionsAbstract|
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Hayır (No)
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Evet (Yes)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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28.12.2023
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_ExplanationSection|
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Within the framework of Article 10 titled "Related Party Transactions" of the "Corporate Governance Communiqué" of the Capital Markets Board No. II-17.1;
- In 2023, due to the ratio of the sales transactions planned to be made in 2023 between our Company and Karsan Europe SRL, whose shares all belong to our Company, to the revenue amount included in the 2022 financial statements,
- In 2023, due to the ratio of the sales transactions planned to be made between Karsan Europe SRL, whose shares are fully owned by our Company, and Hervouet Corporate Industry SAS, 50% of which are owned by our Company, to the revenue amount included in the 2022 financial statements, reaches and/or is predicted to reach a ratio of more than 10%, it has been decided that this report will be prepared and the conclusion part will be announced on the Public Disclosure Platform.
The Conclusion Section of the Related Party Transactions in 2023
Within the framework of the Article 10 titled "Common and Continuous Transactions" of the "Corporate Governance Communiqué" numbered II-17.1 of the Capital Markets Board (CMB), since the ratio of the sales transactions planned to be carried out in 2023 between our Company and Karsan Europe SRL, and between Karsan Europe SRL and Hervouet Corporate Industry SAS has reached / is predicted to reach more than 10% of the 2022 revenue; in this Report, information is provided on the conditions of the transactions between the aforementioned Companies, which are within the scope of full consolidation in the financial statements of our Company, the method of price determination and that the transactions are in accordance with market conditions.
Yours faithfully,
The English translation of this disclosure is provided and in case of any discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.
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