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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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31.10.2021, 17.01.2022,11.03.2022
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Hayır (No)
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It was previously announced by the Turkish Competition Authority that they had launched an investigation, as per the Law on the Protection of Competition No. 4054, on certain firms operating in the sectors of food retail and cleaning materials, and that they had decided to impose our Company a monetary fine amounting to 142.469.772,07-TL as a result of the said investigation. It was later announced by our Company that as per the article 17 of Misdemeanor Law No.5326, our Company paid 106.852.329,05-TL, i.e. 75% of the total fine, and filed and annulment action with demand of stay of execution on 10 March 2022 in regard to the Competition Authority's decision. According to the decision notified on 21.06.2022, our request for a stay of execution was rejected by the court of first instance, and the aforementioned decision will be appealed to the Regional Administrative Court within 7 days. The proceedings regarding the annulment of the administrative fine are pending. Developments on this disclosure will be announced when necessary.
(In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.) |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.