[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[MAALT]
Related Funds
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English
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Material Event Disclosure General
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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Hayır (No)
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Announcement Content
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Explanations
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It was resolved by the board of our subsidiary Marmaris Altınyunus Turistik Tesisler A.Ş. (the "Company"), to increase the 6,967,091 TL issued share capital of the Company within the registered share capital limit of 2,000,000,000 TL, by totally restricting the preemptive rights of the company's current shareholders through the "private placement" method, with the approximate total sales proceeds being 1,600,000,000 TL, in accordance with the authority granted by article 6 of the articles of association of the Company. The total nominal value of the shares will be determined as per article 7.1 of the Wholesale Purchase and Sales Transactions Procedure of Borsa Istanbul A.Ş and the Capital Markets Board's decision on the issue.

Our board of directors resolved to participate to the said capital increase through the payment of a total amount of up to 1.600.000.000 TL, with the total nominal amount to be determined based on the sale price to be determined as per the Wholesale Purchase and Sales Transactions Procedure of Borsa Istanbul A.Ş. and the Capital Markets Board's decision on the issue (in any event, the price not to be below the nominal share value).

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.