[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
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Related Funds
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English
oda_NoncurrentFinancialAssetAcquisitionAbstract|
Noncurrent Financial Asset Acquisition
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_BoardDecisionDateForAcquisition|
Board Decision Date for Acquisition
15/05/2025
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition|
Were Majority of Independent Board Members' Approved the Board Decision for Acquisition
Yes
oda_TitleOfNoncurrentFinancialAssetAcquired|
Title of Non-current Financial Asset Acquired
Novi-Doğ Yap Adi Ortaklığı
oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired|
Field of Activity of Non-current Financial Asset whose Shares were being Acquired
mixed project construction
oda_CapitalOfNoncurrentFinancialAsset|
Capital of Noncurrent Financial Asset
10.000 TL
oda_AcquirementWay|
Acquirement Way
Satın Alma (Purchase)
oda_DateOnWhichTheTransactionWasWillBeCompleted|
Date on which the Transaction was/will be Completed
-
oda_AcquisitionConditions|
Acquisition Conditions
Peşin (Cash)
oda_DetailedConditionsIfItIsATimedPayment|
Detailed Conditions if it is a Timed Payment
-
oda_NominalValueOfSharesAcquired|
Nominal Value of Shares Acquired
5.000 TL
oda_PurchasePricePerShare|
Purchase Price Per Share
69.289,83 TL
oda_TotalPurchasingValue|
Total Purchasing Value
346.449.152 TL
oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset|
Ratio of New Shares Acquired to Capital of Non-current Financial Asset (%)
%50
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction|
Total Ratio of Shares Owned in Capital of Non-current Financial Asset After Transaction (%)
%50
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction|
Total Voting Right Ratio Owned in Non-current Financial Asset After Transaction (%)
%50
oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
Ratio of Non-current Financial Asset Acquired to Total Assets in Latest Disclosed Financial Statements of Company (%)
%0,63
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
Ratio of Transaction Value to Sales in Latest Annual Financial Statements of Company (%)
%19,58
oda_EffectsOnCompanyOperations|
Effects on Company Operations
It will reflect positively.
oda_DidTakeoverBidObligationArised|
Did Takeover Bid Obligation Arised?
Hayır (No)
oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised|
Will Exemption Application be Made, if Takeover Bid Obligation Arised?
Hayır (No)
oda_TitleNameSurnameOfCounterParty|
Title/ Name-Surname of Counter Party
Doğ-Yap İnş.Tur.En.Ür.San.Tic.A.Ş.ve Novi Proje ve Gayrimenkul Gel. A.Ş.
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
Is Counter Party a Related Party According to CMB Regulations?
Hayır (No)
oda_RelationWithCounterPartyIfAny|
Relation with Counter Party if any
None
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
15/05/2025
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
Value Determination Method of Non-current Financial Asset
Income Approach
oda_DidValuationReportBePrepared|
Did Valuation Report be Prepared?
Düzenlendi (Prepared)
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
Reason for not Preparing Valuation Report if it was not Prepared
-
oda_DateAndNumberOfValuationReport|
Date and Number of Valuation Report
15.05.2025 - DR20250515
oda_TitleOfValuationCompanyPreparedReport|
Title of Valuation Company Prepared Report
BİZİM MENKUL DEĞERLER A.Ş.
oda_ValueDeterminedInValuationReportIfExists|
Value Determined in Valuation Report if Exists
36.213.460 USD
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report
-
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Within the framework of the Board of Directors' decision date of today, in order for our company to share 50% of the income and expenses of the Urban Transformation project planned to be developed by Novi – Doğ Yap Ordinary Joint Venture on the land numbered 62 island and 11 parcel with a total surface area of 9,840.34 m² in Yenibosna Neighborhood, Bahçelievler District, Istanbul Province;

"Share Transfer and Ordinary Partnership Agreement Participation Agreement and Real Estate Transfer Promise Agreement" will be signed with Doğ-Yap İnş.Tur.En.Ür.San.Tic.A.Ş. and Novi Proje ve Gayrimenkul Gel. A.Ş.

According to the valuation of Ordinary Joint Venture Report dated 15.05.2025 of Bizim Menkul Değerler A.Ş,  25% of the shares will be purchased from Doğ-Yap İnş.Tur.En.Ür.San.Tic.A.Ş. and 25% of the shares will be purchased from Novi Proje ve Gayrimenkul Gel. A.Ş. thus for the 50% shares of  Ordinary Joint Venture will be paid for the total price of 346,449,152 TL + VAT (8,960,000 USD based on the TCMB Effective Purchase Rate dated 14.05.2025),

Will be participate in Halk GYO-Novi-Doğ Yap Ordinary Joint Venture with  50% shares,

Our Company's General Directorate will be authorized for all work and transactions to be carried out within this framework, including hypothec to be established in favor of our Company,

The purchase price will be paid in cash on the date of the hypothec to be established in favor of our Company.

Respectfully announced to the public

The valuation report prepared for the related Ordinary Joint Venture is attached.