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Related Companies
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Related Funds
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English
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oda_NoncurrentFinancialAssetSaleAbstract|
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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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20.11.2025
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oda_DelayedAnnouncementFlag|
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Evet (Yes)
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oda_AnnouncementContentSection|
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oda_BoardDecisionDateForSale|
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20/11/2025
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
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Yes
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oda_TitleOfNoncurrentFinancialAssetSold|
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Gökçedağ Rüzgar Enerji Üretim Anonim Şirketi
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oda_FieldOfActivityNoncurrentFinancialAssetSold|
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Electricity generation from renewable sources
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oda_CapitalOfNoncurrentFinancialAssetSold|
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TRY 315,835,035.86
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oda_DateOnWhichRheTransactionWasWillBeCompleted|
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29.12.2025
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oda_SalesConditions|
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Peşin (Cash)
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oda_NominalValueOfSharesSold|
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TRY 315,835,035.86
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oda_SalesPricePerShare|
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TRY 0.01
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oda_TotalSalesValue|
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The amount of 117,018,024 United States Dollars calculated by deduction of the total financial and commercial liabilities of Gökçedağ Rüzgar Enerji Üretim Anonim Şirketi as of the transfer date of 29.12.2025 in the amount of 179,005,724 Turkish Lira corresponding to 4,181,976 United States Dollars from the determined purchase price of 121,200,000 United States Dollars.
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oda_RatioOfSharesSoldToCapitalOfNoncurrentFinancialAsset|
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100
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oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterSalesTransaction|
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0
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oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterSalesTransaction|
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0
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oda_RatioOfNoncurrentFinancialAssetSoldToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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3,6%
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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21,7%
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oda_EffectsOnCompanyOperations|
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Termination of affiliate relationship
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oda_ProfitLossArisedAfterTransaction|
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To be stated under the relevant footnote of our financial report dated December 31, 2025.
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oda_HowWillSalesProfitBeUsedIfExists|
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It will be used for Zorlu Enerji's new investments within the scope of growth strategies and for the repayment of financial debts.
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oda_BoardDecisionDateForUseOfSalesProfitIfExists|
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-
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oda_TitleNameSurnameOfCounterPartyBought|
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Etimesgut Enerji Üretim ve Ticaret Anonim Şirketi
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Hayır (No)
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oda_RelationWithCounterPartyIfAny|http://www.xbrl.org/2003/role/verboseLabel
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No
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oda_AgreementSigningDateIfExists|
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20/11/2025
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oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
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Negotiated procedure
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oda_DidValuationReportBePrepared|
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Düzenlenmedi (Not Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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It is not obligatory to prepare valuation report.
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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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Within the framework of our material event disclosure dated 20.11.2025; the sale and transfer of all of our shares in our wholly-owned subsidiary Gökçedağ Rüzgar Enerji Üretim Anonim Şirketi to Etimesgut Enerji Üretim ve Ticaret Anonim Şirketi, a wholly-owned subsidiary of Rönesans Yenilenebilir Enerji Yatırım Anonim Şirketi, has been completed on 29.12.2025 (today), by making adjustments in accordance with the adjustment criteria set forth in the Share Purchase Agreement based on the financial and commercial liabilities as of the closing date, whereby the financial and commercial liabilities in the amount of 4,181,976 United States Dollars corresponding to 179,005,724 Turkish Lira were deducted from the purchase price and the remaining amount of 117,018,024 United States Dollars was paid in cash by the Purchaser.
Since the transfer price must be determined at closing subject to mutual agreement of the parties, by making adjustments based on the financial and commercial liabilities of Gökçedağ Rüzgar Enerji Üretim Anonim Şirketi as of the closing date, and in order to avoid misleading investors, disclosure of this information to the public has been postponed until the date on which the transfer price becomes final, pursuant to the Board of Directors resolution dated 20.11.2025
This statement has been translated into English for informative purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.
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