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Hayır (No)
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Hayır (No)
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In line with the Capital Markets Board's confirming opinion dated 18/07/2025, the amount corresponding to 25% of the funds obtained from the IPO of our Company's shares, which was initially planned to be used for renewable energy investments, will now be redirected to new restaurant openings and used for investment financing that are more aligned with the Company's strategies and present attractive growth opportunities.
During the IPO process, it was foreseen in the report on the intended use of funds that the said resource would be utilized in the Solar Power Plant (SPP) investment, and accordingly, it was disclosed via KAP on 31 January 2024 that we had submitted an application for a call letter in this regard.
However, as stated in our announcement dated 21 May 2024, due to the insufficient transformer capacity in the planned investment region, alternative locations and projects were carefully evaluated. I n the current macroeconomic environment, favorable price movements in the energy market have reduced the anticipated economic benefit of the SPP investment. Moreover, a promising opportunity has arisen for investments in new restaurants that are expected to enhance our operational efficiency and directly contribute to the Company's growth. Therefore, in a manner that will also serve the best interests of our investors, the said resource will be used for new restaurant openings, which offer faster returns compared to the SPP investment and has high value-added potential. With the Board of Directors' resolution dated 13/06/2025, the disclosure of this inside information was postponed until the completion of the application process. This postponement decision was made to prevent potential fluctuations in the share price, to avoid possible harm to investors, and to protect the Company's legitimate interests depending on the outcome of the process, with confidentiality measures in place. This announcement is now being made in accordance with the relevant legislation, as the reasons for postponement have ceased to exist.
In case of a discrepancy between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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