[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
06.08.2008
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Evet (Yes)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

It is mutually agreed by the related parties that duration of the ongoing royalty rights agreement between our Company and "Galatasaray Spor Kulübü Derneği and Galatasaray Sportif Sinai ve Tic. Yat. A.Ş." with the purpose of marketing, advertisement and promotion activities will cover the 2020-2021 football season and will end at the end of 2020-2021 football season. In accordance with this agreement our Company will pay TL 30 million for the 2020-2021 season.

Until the ongoing commercial negotiations between the parties mentioned in this disclosure in relation to the subject of the agreement were concluded, in order to ensure that the legitimate interests of our Company and our investors are protected, the disclosure of insider information was decided to be postponed pursuant to Article 6 of the Material Events Disclosure Communiqué numbered II-15.1 by the Capital Markets Board (CMB). This disclosure is made pursuant to the relevant legislations, based on the fact that the reasons for postponement have been removed.