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Related Companies
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Related Funds
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[]
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English
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oda_NoncurrentFinancialAssetAcquisitionAbstract|
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oda_UpdateAnnouncementFlag|
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Evet (Yes)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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29/07/2025, 31/10/2025
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_BoardDecisionDateForAcquisition|
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29/07/2025
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition|
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Our subsidiary Tek-Art Kalamış ve Fenerbahçe Marmara Turizm Tesisleri A.Ş. is not a publicly traded company.
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oda_TitleOfNoncurrentFinancialAssetAcquired|
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Beta Marina Liman Yat ve Çekek İşletmeciliği A.Ş. (Beta), MCI Turizm Marina Yat ve Çekek İşletmesi A.Ş. (MCI), RAM Turizm Marina Yat ve Çekek İşletmesi A.Ş. (RAM)
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oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired|
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Marina operations
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oda_CapitalOfNoncurrentFinancialAsset|
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Beta: TL 1,251,675,469.91, MCI: TL 300,000, RAM: TL 300,000
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oda_AcquirementWay|
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Satın Alma (Purchase)
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oda_DateOnWhichTheTransactionWasWillBeCompleted|
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02/12/2025
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oda_AcquisitionConditions|
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Peşin (Cash)
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oda_DetailedConditionsIfItIsATimedPayment|
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-
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oda_NominalValueOfSharesAcquired|
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Beta: TL 1,251,675,469.91, MCI: TL 150,000, RAM: TL 150,000
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oda_PurchasePricePerShare|
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Calculated as approximately USD 0.1 for Beta, approximately USD 177 for MCI and approximately USD 56 for RAM for shares with a nominal value of TL 1, subject to closing adjustments.
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oda_TotalPurchasingValue|
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Total of USD 157,730,193 for MCI, RAM and Beta shares, subject to closing adjustments
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oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset|
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Beta: 100%, MCI: 50%, RAM: 50%
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oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction|
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Beta: Directly 100%, MCI: Directly 50%, Indirectly 100%, RAM: Directly 50%, Indirectly 100%
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oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction|
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Beta: Directly 100%, MCI: Directly 50%, Indirectly 100%, RAM: Directly 50%, Indirectly 100%
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oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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Approximately 0.1% for the total transaction amount
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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Approximately 0.3% for the total transaction amount
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oda_EffectsOnCompanyOperations|
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Our subsidiary Tek-Art Marina will extend its marina operations activities to Göcek area.
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oda_DidTakeoverBidObligationArised|
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Hayır (No)
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oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised|
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Hayır (No)
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oda_TitleNameSurnameOfCounterParty|
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Yıldız Holding A.Ş. for Beta, Sağlam İnşaat Taahhüt Ticaret A.Ş. for MCI and RAM
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Hayır (No)
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oda_RelationWithCounterPartyIfAny|
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-
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oda_AgreementSigningDateIfExists|
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29/07/2025
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oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
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Determined based on the negotiations between the parties.
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oda_DidValuationReportBePrepared|
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Düzenlenmedi (Not Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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Not mandatory according to the applicable regulations.
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oda_DateAndNumberOfValuationReport|
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-
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oda_TitleOfValuationCompanyPreparedReport|
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-
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oda_ValueDeterminedInValuationReportIfExists|
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-
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oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
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-
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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With our announcement dated 29.07.2025, it was disclosed that our subsidiary Tek-Art Kalamış ve Fenerbahçe Marmara Turizm Tesisleri A.Ş. (Tek-Art Marina), has signed a Share Purchase Agreement (Agreement) with Yıldız Holding A.Ş. and Sağlam İnşaat Taahhüt Ticaret A.Ş. (Sağlam İnşaat) for the acquisition of all shares representing the capital of Beta Marina Liman Yat ve Çekek İşletmeciliği A.Ş. (Beta), which holds 50% of the shares of MCI Turizm Marina Yat ve Çekek İşletmesi A.Ş. (MCI, which holds usage rights for Göcek Village Port Marina's sea and land areas) and RAM Turizm Marina Yat ve Çekek İşletmesi A.Ş. (RAM, which holds usage rights for Göcek Exlusive Marina's sea and land areas) and operates the foregoing assets, from Yıldız Holding A.Ş., as well as 50% of the shares representing the capital of MCI and RAM from Sağlam İnşaat (Transaction), and that with the acquisition of MCI and RAM's shares, hotel assets located in the foregoing areas where MCI and RAM hold usage rights will also be taken over by Tek-Art Marina. The share transfers have been completed following the fulfillment of the closing conditions foreseen under the Agreement and the payment of a total amount of USD 157,730,193 (subject to closing adjustments) by Tek-Art Marina for shares representing 50% of MCI and RAM's and 100% of Beta's capital. MCI and RAM hold usage rights of Göcek Village Port and Göcek Exclusive Port Marina until 31.12.2033 for the land areas; and until 01.04.2073 for the sea areas. These marinas are operated by Beta. With the acquisition of MCI and RAM's shares, hotel assets located in the foregoing areas where MCI and RAM hold usage rights have also been taken over by Tek-Art Marina, and the lease agreement with the current lessee will be terminated as of 01.10.2026. This statement has been translated into English and simultaneously announced for informational purposes. In the event of any discrepancy between the Turkish and the English versions, the Turkish version shall prevail. |
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