[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[KCHOL]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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
11.01.2024
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|
Announced to the public on 11.01.2024, the transactions for the purpose of conducting the activities of Sendeo Dağıtım Hizmetleri A.Ş. ("Sendeo"), in which Koç Holding and Aygaz collectively own all shares, and Ekol Ekspres Kargo A.Ş. ("Kolay Gelsin"), which is wholly owned by Ahmet Musul, under the "Kolay Gelsin" brand with the principle of equal partnership of Sendeo shareholders and Ahmet Musul have been permitted by the Competition Authority.

In the planned process, the initial step involves the acquisition of the shares representing 50% of Sendeo's capital by Ahmet Musul from Aygaz and Koç Holding in proportion to their respective shares; a capital increase at Sendeo, with the participation of all partners in the new partnership structure and following this; fully transfer of all shares representing the capital of Kolay Gelsin, owned by Ahmet Musul to Sendeo and to complete the transactions as soon as possible. Following all transactions, it is anticipated that Aygaz and Koç Holding, along with Ahmet Musul, will have direct control in Sendeo and indirect control in Kolay Gelsin.

The detailed due diligence and legal documentation, as well as other approval processes, mentioned in our announcement dated 11.01.2024 regarding the transaction, are ongoing. Significant developments regarding the subject will be shared with our investors.

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.