[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
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Related Funds
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English
oda_NoncurrentFinancialAssetSaleAbstract|
Non-Current Financial Asset Sale
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
24/05/2024
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_BoardDecisionDateForSale|
Board Decision Date for Sale
24/05/2024
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
Were Majority of Independent Board Members' Approved the Board Decision for Sale?
Yes
oda_TitleOfNoncurrentFinancialAssetSold|
Title of Non-current Financial Asset Sold
Ezotech Electric Ltd., Solad Energy Ltd and Adnit Real Estate Ltd
oda_FieldOfActivityNoncurrentFinancialAssetSold|
Field of Activity of Non-current Financial Asset Sold
Electricity generation
oda_CapitalOfNoncurrentFinancialAssetSold|
Capital of Non-current Financial Asset Sold
Ezotech Electric Ltd., (NIS 10,000 NIS) Solad Energy Ltd (NIS 10,000) and Adnit Real Estate Ltd (NIS 10,000)
oda_DateOnWhichRheTransactionWasWillBeCompleted|
Date on which the Transaction was/will be Completed
The sale has been completed except for procedural transactions arising from foreign legislation.
oda_SalesConditions|
Sales Conditions
Diğer (Other)
oda_NominalValueOfSharesSold|
Nominal Value of Shares Sold
Ezotech Electric Ltd., (NIS 4,215) Solad Energy Ltd (NIS 4,215) and Adnit Real Estate Ltd (NIS 4,215)
oda_SalesPricePerShare|
Sales Price Per Share
NIS 1
oda_TotalSalesValue|
Total Sales Value
Ezotech Electric Ltd., (NIS 4,215) Solad Energy Ltd (NIS 4,215) and Adnit Real Estate Ltd (NIS 4,215)
oda_RatioOfSharesSoldToCapitalOfNoncurrentFinancialAsset|
Ratio of Shares Sold to Capital of Non-current Financial Asset (%)
Ezotech Electric Ltd., (42.15%) Solad Energy Ltd (42.15%) and Adnit Real Estate Ltd (42.15%)
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterSalesTransaction|
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Sales Transaction (%)
0
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterSalesTransaction|
Total Voting Right Ratio Owned in Non-current Financial Asset After Sales Transaction (%)
0
oda_RatioOfNoncurrentFinancialAssetSoldToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Non-current Financial Asset Sold to Total Assets in Latest Disclosed Financial Statements of Company (%)
for Ezotech Electric Ltd 0.16%, for Solad Energy Ltd and Adnit Real Estate Ltd 0.00004%
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
for Ezotech Electric Ltd 0.69%, for Solad Energy Ltd and Adnit Real Estate Ltd için 0.0001%
oda_EffectsOnCompanyOperations|
Effects on Company Operations
The affiliate relationship will be terminated.
oda_ProfitLossArisedAfterTransaction|
Profit / Loss Arised After Transaction
To be stated under the relevant footnote of Zorlu Enerji's financial report dated December 31, 2024.
oda_HowWillSalesProfitBeUsedIfExists|
How will Sales Profit be Used if Exists?
It will be used to pay down financial debt.
oda_BoardDecisionDateForUseOfSalesProfitIfExists|
Board Decision Date for Use of Sales Profit if Exists
-
oda_TitleNameSurnameOfCounterPartyBought|
Title/ Name-Surname of Counter Party Bought
The shares of Ezotech Electric Ltd and Solad Energy Ltd are being sold to Edeltech Ltd, and the shares of Adnit Real Estate are being sold to Edeltech Holdings 2006 Ltd.
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
Is Counter Party a Related Party According to CMB Regulations?
Hayır (No)
oda_RelationWithCounterPartyIfAny|http://www.xbrl.org/2003/role/verboseLabel
Relation with Counter Party if any
Other shareholders of the companies whose shares are subject to sale.
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
24/05/2024
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
Value Determination Method of Non-current Financial Asset
Negotiated procedure
oda_DidValuationReportBePrepared|
Did Valuation Report be Prepared?
Düzenlenmedi (Not Prepared)
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
Reason for not Preparing Valuation Report if it was not Prepared
Not required by legislation.
oda_DateAndNumberOfValuationReport|
Date and Number of Valuation Report
-
oda_TitleOfValuationCompanyPreparedReport|
Title of Valuation Company Prepared Report
-
oda_ValueDeterminedInValuationReportIfExists|
Value Determined in Valuation Report if Exists
-
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report
-
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Within the framework of our material event disclosure dated 24.05.2024; the sale of all our shares in Ezotech Electric Ltd. (" Ezotech ") and Solad Energy Ltd., both domiciled in Israel and in which we directly hold a 42.15% stake, to the other shareholder of these companies, Edeltech Ltd. (" Edeltech "), and the sale of all our shares in Adnit Real Estate Ltd., domiciled in Israel and in which we directly hold a 42.15% stake, to its other shareholder, Edeltech Holdings 2006 Ltd., have been completed as of 17.12.2024. Additionally, our indirect subsidiaries Ashdod Energy Ltd. and Ramat Negev Energy Ltd., which are wholly-owned subsidiaries of Ezotech, along with the Ashdod and Ramat Negev natural gas power plants under these companies, have also been transferred to Edeltech.

Respectfully announced to the public.

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.