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Related Companies
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Related Funds
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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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14.06.2024
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Hayır (No)
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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As stated in our material disclosure dated 14 June 2024, Enspire Enerji Yatırımları ve Hizmetleri A.Ş. ("Enspire"), which is 100% owned by our subsidiary Entek Elektrik Üretimi A.Ş., has signed a Share Purchase Agreement to acquire the shares of Eco Sun Niculesti S.R.L. which will have a capacity of 214.26 MWm with solar power plant permits in Romania and Euromec-Ciocanari S.R.L. from Econergy International Limited, subject to closing adjustments, for an approximate company value of EUR 32.9 million.
Following the completion of the conditions precedent to closing, the shares of the Companies were transferred to Enspire with an updated total purchase price of EUR 33.2 million, subject to post-closing adjustments such as tax regulations, incentives to be received by the project if qualified, and net cash/debt, whereby a total amount of EUR 29.2 million is paid up to this stage.
The English translation of this disclosure is attached hereto, and in case of any discrepancy in the texts of the disclosure, the Turkish disclosure shall prevail.
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