Related Companies
|
[]
|
||||||||
Related Funds
|
[]
|
||||||||
|
|||||||||
English
|
|||||||||
oda_NoncurrentFinancialAssetAcquisitionAbstract|
|
|
||||||||
oda_UpdateAnnouncementFlag|
|
|
Evet (Yes)
|
|||||||
oda_CorrectionAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
oda_DateOfThePreviousNotificationAboutTheSameSubject|
|
|
30/06/2025
|
|||||||
oda_DelayedAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
oda_AnnouncementContentSection|
|
|
||||||||
oda_BoardDecisionDateForAcquisition|
|
|
27/06/2025
|
|||||||
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition|
|
|
Yes
|
|||||||
oda_TitleOfNoncurrentFinancialAssetAcquired|
|
|
Logate D.O.O.
|
|||||||
oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired|
|
|
Software Solutions
|
|||||||
oda_CapitalOfNoncurrentFinancialAsset|
|
|
800.004 Euro
|
|||||||
oda_AcquirementWay|
|
|
Satın Alma (Purchase)
|
|||||||
oda_DateOnWhichTheTransactionWasWillBeCompleted|
|
|
-
|
|||||||
oda_AcquisitionConditions|
|
|
Peşin (Cash)
|
|||||||
oda_DetailedConditionsIfItIsATimedPayment|
|
|
-
|
|||||||
oda_NominalValueOfSharesAcquired|
|
|
424,251 Euro
|
|||||||
oda_PurchasePricePerShare|
|
|
13.75 Euro
|
|||||||
oda_TotalPurchasingValue|
|
|
5,833,424 Euro
|
|||||||
oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset|
|
|
53.03%
|
|||||||
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction|
|
|
53.03%
|
|||||||
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction|
|
|
53.03%
|
|||||||
oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
|
|
10,13%
|
|||||||
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
|
|
22,75%
|
|||||||
oda_EffectsOnCompanyOperations|
|
|
It is expected to make significant contributions to our company's sales and to help us reach our goal of becoming a global technology giant faster.
|
|||||||
oda_DidTakeoverBidObligationArised|
|
|
Hayır (No)
|
|||||||
oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised|
|
|
Hayır (No)
|
|||||||
oda_TitleNameSurnameOfCounterParty|
|
|
Milonja Bjelic-Miud, Ivica Tatar, Predrag Biskupovic and Dragan Mihaljevic
|
|||||||
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
|
|
Hayır (No)
|
|||||||
oda_RelationWithCounterPartyIfAny|
|
|
No relationship exists.
|
|||||||
oda_AgreementSigningDateIfExists|
|
|
09/07/2025
|
|||||||
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
|
|
Negotiation method
|
|||||||
oda_DidValuationReportBePrepared|
|
|
Düzenlenmedi (Not Prepared)
|
|||||||
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
|
|
The company was purchased through negotiation.
|
|||||||
oda_DateAndNumberOfValuationReport|
|
|
-
|
|||||||
oda_TitleOfValuationCompanyPreparedReport|
|
|
-
|
|||||||
oda_ValueDeterminedInValuationReportIfExists|
|
|
-
|
|||||||
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
|
|
-
|
|||||||
oda_ExplanationSection|
|
|
||||||||
oda_ExplanationTextBlock|
|
Within the scope of our company's strategy to diversify its technology portfolio in the areas of advanced connectivity technologies, software solutions, and industry-specific applications, as well as to develop high value-added products in line with our global growth objectives, the Share Transfer Agreements and other related agreements, as disclosed in our Material Event Disclosure dated 30.06.2025 regarding the acquisition of 53.03% of the shares of Logate D.O.O., a company headquartered in Montenegro and operating in the European market, have been signed and finalized as of 09.07.2025.
Logate D.O.O. is especially recognized for its 5G core network software, various solutions for telecom operators, banking infrastructure software, and digital transformation applications for both public and private sectors. With its domestically developed and scalable product portfolio, it holds a strong position in Europe.
Through this acquisition, our company is expected to enhance its technical competence in 5G and advanced connectivity technologies, gain access to new markets primarily in Europe, expand its product development capabilities internationally, and reach customer segments in various industries with its expertise in banking and enterprise solutions.
Moreover, Logate's technical expertise in 5G core networks and scalable product architecture is anticipated to contribute to our company's medium- and long-term efforts related to next-generation connectivity technologies expected to evolve with 6G and beyond.
The share transfer process has been initiated, and the transfer will be completed following the application to the Central Register of Business Entities (Centralnom Registru Privrednih Subjekata), the local registration authority in Montenegro.
Within the scope of the transaction, indirectly, our company will also include in its partnership structure Logate Institut Za Informacione Tehnologije, a subsidiary wholly owned (100%) by Logate D.O.O. operating in software training and human resources development, and Logate GMBH, an Austria-based marketing company in which it holds a 70% stake.
During the detailed financial, tax, legal, and commercial due diligence processes of the transaction, a broad consulting team of experts was engaged. Services were received from Kozikoğlu Finansal Danışmanlık Limited Şirketi, Kinstellar & KST Law, Bozanoğlu Hukuk, and Crowe MNE D.O.O. This transaction is expected to provide significant momentum to our company's vision of becoming an effective global player in future connectivity technologies in line with our long-term goals.
We submit for the information of the public.
Sincerely,
The English translation of this disclosure this attached hereto and in case of any discrepancy in the text of the disclosure, the Turkish version shall prevail.
|