[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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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
09.08.2024, 06.03.2025, 17.04.2025
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Evet (Yes)
oda_AnnouncementContentSection|
Announcement Content
oda_BoardDecisionDateForSale|
Board Decision Date for Sale
04/03/2025
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
Were Majority of Independent Board Members' Approved the Board Decision for Sale?
Yes
oda_TitleOfNoncurrentFinancialAssetSold|
Title of Non-current Financial Asset Sold
Dorad Energy Ltd.
oda_FieldOfActivityNoncurrentFinancialAssetSold|
Field of Activity of Non-current Financial Asset Sold
Electricity Generation
oda_CapitalOfNoncurrentFinancialAssetSold|
Capital of Non-current Financial Asset Sold
10,640 NIS
oda_DateOnWhichRheTransactionWasWillBeCompleted|
Date on which the Transaction was/will be Completed
The sale of 10% of our shares in Dorad Energy Ltd. has been completed. Permission and approval processes for the sale of the last 15% of our shares in Dorad Energy Ltd. are ongoing.
oda_SalesConditions|
Sales Conditions
Diğer (Other)
oda_NominalValueOfSharesSold|
Nominal Value of Shares Sold
1,064 NIS for the 10% shares we own in Dorad Energy Ltd.
oda_SalesPricePerShare|
Sales Price Per Share
1 NIS
oda_TotalSalesValue|
Total Sales Value
282,941,776 - NIS the final purchase price for the transaction will be determined following tax-related adjustments.
oda_RatioOfSharesSoldToCapitalOfNoncurrentFinancialAsset|
Ratio of Shares Sold to Capital of Non-current Financial Asset (%)
10
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterSalesTransaction|
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Sales Transaction (%)
15
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterSalesTransaction|
Total Voting Right Ratio Owned in Non-current Financial Asset After Sales Transaction (%)
15
oda_RatioOfNoncurrentFinancialAssetSoldToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Non-current Financial Asset Sold to Total Assets in Latest Disclosed Financial Statements of Company (%)
1,3
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
After the tax adjustments, the final sales price will be determined.
oda_EffectsOnCompanyOperations|
Effects on Company Operations
Expected to be positive
oda_ProfitLossArisedAfterTransaction|
Profit / Loss Arised After Transaction
After the tax adjustments, the final sales price will be determined.
oda_HowWillSalesProfitBeUsedIfExists|
How will Sales Profit be Used if Exists?
After the tax adjustments, the final sales price will be determined.
oda_BoardDecisionDateForUseOfSalesProfitIfExists|
Board Decision Date for Use of Sales Profit if Exists
-
oda_TitleNameSurnameOfCounterPartyBought|
Title/ Name-Surname of Counter Party Bought
The Phoenix Group
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
No
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
04/03/2025
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
Value Determination Method of Non-current Financial Asset
Negotiation
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 scope of our material event disclosures dated 06.03.2025 and 17.04.2025 regarding the sale of all of our shares in Dorad Energy Ltd. ("Dorad"), corresponding to 25% of Dorad's share capital:

The sale of our 10% shares, corresponding to a total of 1,064 shares each with a nominal value of 1 New Israeli Shekel ("NIS"), and not subject to any right of first refusal, has been completed with the Phoenix Group for a purchase price of 282,941,776 NIS under the signed share purchase agreement. The final purchase price for the transaction will be determined following tax-related adjustments.

Regarding the remaining 15% shares, corresponding to a total of 1,596 shares with a nominal value of 1 NIS each and subject to right of first refusal, Dorad's existing shareholders, Ellomay Luzon Energy Infrastructures Ltd. ("Ellomay Luzon") and Edelcom Ltd. ("Edelcom"), have exercised their rights of first refusal. The approval and authorization processes for the equal purchase of these 1,596 shares by Ellomay Luzon and Edelcom at the same share value are still ongoing.

Further developments will be disclosed to the public fully and in a timely manner.

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.