[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English

oda_WinningATenderAbstract|
Tender Process / Result
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
12.09.2017, 19.09.2017
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_SubjectOfTender|
Subject of Tender
"Granting Operating Rights" of Menzelet and Kılavuzlu Hydroelectric Power Plants for a period of 49 years
oda_PartyOpenedTender|
Party Opened Tender
Republic of Turkey Prime Ministry Privatization Administration
oda_BoardDecisionOnBidForTender|
Board Decision On Bid for Tender
Board Decision was taken by our subsidiary Entek Elektrik Üretimi A.Ş.
oda_OtherPartiesIfParticipatedInTheTenderAsAGroup|
Other Parties if Participated in The Tender as a Group
-
oda_ShareOfTheCompanyIfParticipatedInTheTenderAsAGroup|
Share of the Company if Participated in the Tender as a Group
-
oda_DateOfTenderBid|
Date of Tender Bid
11/09/2017
oda_EndingUpDateOfTheTender|
Ending Up Date of The Tender
19/09/2017
oda_TenderResult|
Tender Result
Our subsidiary Entek Elektrik Üretimi A.Ş. submitted the highest offer.
oda_TenderValue|
Tender Value
1,276,000,000 TL
oda_ShareOfCompanyInTenderValue|
Share of Company in Tender Value
633,151,200 TL (tender value multiplied by Aygaz's stake in Entek)
oda_RatioOfTenderValueCorporateShareAmountToGrossSalesRevenueOnPubliclyDisclosedTheLatestFinancialStatementOfCompany|
Ratio Of Tender Value Corporate Share Amount To Gross Sales Revenue On Publicly Disclosed The Latest Financial Statement Of Company (%)
8.90% (the ratio of the share of Company in tender value to Aygaz gross sales revenue in 2016)
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Our subsidiary Entek Elektrik Üretimi A.Ş., owned 49.62% by our main shareholder Koç Holding A.Ş. and 49.62% by our Company, had submitted the highest offer for the privatization tender of Menzelet and Kılavuzlu Hydroelectric Power Plants, that was announced by the Republic of Turkey Prime Ministry Privatization Administration, by way of "Granting Operating Rights" for a period of 49 years and in accordance with the provisions of Law No. 4046 regarding the Implementations of Privatization.


The result of the tender is finalized after the permits of the Competition Board and Energy Market Regulatory Body and the final approval of High Board of Privatization that was published in the Official Gazette numbered 30261 on 05.12.2017.