[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[KCHOL]
Related Funds
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English
oda_NoncurrentFinancialAssetSaleAbstract|
Non-Current Financial Asset Sale
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
08/01/2024
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_BoardDecisionDateForSale|
Board Decision Date for Sale
30/01/2024
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
Were Majority of Independent Board Members' Approved the Board Decision for Sale?
Yes
oda_TitleOfNoncurrentFinancialAssetSold|
Title of Non-current Financial Asset Sold
Ram Dış Ticaret A.Ş. (Ram) and Düzey Tüketim Malları Sanayi Pazarlama ve Ticaret A.Ş. (Düzey)
oda_FieldOfActivityNoncurrentFinancialAssetSold|
Field of Activity of Non-current Financial Asset Sold
Ram's field of activity is to conduct studies on all kinds of wholesale product trade, import, export, domestic and international marketing and to provide consultancy services to third parties; whereas Duzey is engaged in the marketing and trading of wholesale food and beverage products.
oda_CapitalOfNoncurrentFinancialAssetSold|
Capital of Non-current Financial Asset Sold
Ram: 6.000.000 TL, Düzey: 5.766.000 TL
oda_DateOnWhichRheTransactionWasWillBeCompleted|
Date on which the Transaction was/will be Completed
30/01/2024
oda_SalesConditions|
Sales Conditions
Peşin (Cash)
oda_NominalValueOfSharesSold|
Nominal Value of Shares Sold
Shares with a nominal value of 449.999,32 TL, corresponding to 7.5% of Ram's capital and shares with a nominal value of 64.797,70 TL, corresponding to 1,1% of Düzey's capital
oda_SalesPricePerShare|
Sales Price Per Share
Calculated approximately as 53 TL for Ram, and approximately 131 TL, for Düzey
oda_TotalSalesValue|
Total Sales Value
Total sale value of 32.275.800 TL (23.768.800 TL for Ram, and 8.507.000 TL for Düzey)
oda_RatioOfSharesSoldToCapitalOfNoncurrentFinancialAsset|
Ratio of Shares Sold to Capital of Non-current Financial Asset (%)
For Ram %7,5; for Düzey %1,1
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterSalesTransaction|
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Sales Transaction (%)
%0
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterSalesTransaction|
Total Voting Right Ratio Owned in Non-current Financial Asset After Sales Transaction (%)
%0
oda_RatioOfNoncurrentFinancialAssetSoldToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Non-current Financial Asset Sold to Total Assets in Latest Disclosed Financial Statements of Company (%)
%0,2
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
%1,2
oda_EffectsOnCompanyOperations|
Effects on Company Operations
Our company's financial investments, which are illiquid and minority shares, will be converted into cash.
oda_ProfitLossArisedAfterTransaction|
Profit / Loss Arised After Transaction
The amount to be calculated according to inflation accounting principles can be followed in Tat's 2024 financial reports
oda_HowWillSalesProfitBeUsedIfExists|
How will Sales Profit be Used if Exists?
-
oda_BoardDecisionDateForUseOfSalesProfitIfExists|
Board Decision Date for Use of Sales Profit if Exists
-
oda_TitleNameSurnameOfCounterPartyBought|
Title/ Name-Surname of Counter Party Bought
Koç Holding A.Ş.
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
Is Counter Party a Related Party According to CMB Regulations?
Evet (Yes)
oda_RelationWithCounterPartyIfAny|http://www.xbrl.org/2003/role/verboseLabel
Relation with Counter Party if any
Our company's major shareholder
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
-
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
Value Determination Method of Non-current Financial Asset
Determined by the parties based on generally accepted valuation methods and taking into account the cash flows and peers of the relevant companies.
oda_DidValuationReportBePrepared|
Did Valuation Report be Prepared?
Düzenlenmedi (Not Prepared)
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
Reason for not Preparing Valuation Report if it was not Prepared
Not required according to the relevant regulations.
oda_DateAndNumberOfValuationReport|
Date and Number of Valuation Report
-
oda_TitleOfValuationCompanyPreparedReport|
Title of Valuation Company Prepared Report
-
oda_ValueDeterminedInValuationReportIfExists|
Value Determined in Valuation Report if Exists
-
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report
-
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Following the studies carried out subsequent to the Material Event Disclosure of our main shareholder Koç Holding A.Ş. dated January 8, 2024, the sale of our shares in Ram Dış Ticaret A.Ş. (7,5% share with a total nominal value of 449,999.32 TL) and Düzey Tüketim Malları Sanayi Pazarlama ve Ticaret A.Ş. (1,1% share with a total nominal value of  64.797,70 TL), to Koç Holding A.Ş. was completed at a total transaction value of 32.275.800 TL.

This statement was 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.