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English
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oda_NoncurrentFinancialAssetAcquisitionAbstract|
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oda_UpdateAnnouncementFlag|
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Evet (Yes)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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04/01/2024
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_BoardDecisionDateForAcquisition|
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03/01/2024
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition|
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Yes
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oda_TitleOfNoncurrentFinancialAssetAcquired|
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Kemer Medical Center Özel Sağlık Hizmetleri Turizm ve Ticaret A.Ş.
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oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired|
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Healthcare services
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oda_CapitalOfNoncurrentFinancialAsset|
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83.226.000 TL
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oda_AcquirementWay|
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Satın Alma (Purchase)
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oda_DateOnWhichTheTransactionWasWillBeCompleted|
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27/03/2024
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oda_AcquisitionConditions|
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Peşin (Cash)
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oda_DetailedConditionsIfItIsATimedPayment|
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-
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oda_NominalValueOfSharesAcquired|
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66.581.000 TL
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oda_PurchasePricePerShare|
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Calculated as approximately 1.25 Euro per share with a value of 1 TL.
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oda_TotalPurchasingValue|
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The share purchase price has been agreed as EUR 82,776,249 and 95% of it has been paid in cash. The remaining 5% will be paid together with the net debt and working capital adjustments that will be determined based on the audited financial statements of KMC dated December 31, 2023.
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oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset|
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%80
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oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction|
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%80
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oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction|
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%80
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oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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%0,1
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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%0,2
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oda_EffectsOnCompanyOperations|
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Will contribute to expansion of Koç Holding activities in the healthcare services sector.
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oda_DidTakeoverBidObligationArised|
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Hayır (No)
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oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised|
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Hayır (No)
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oda_TitleNameSurnameOfCounterParty|
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GTR Credit Europe B.V., Güngör Fatih Çaylak, Ata Demirel and 7 other real person
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Hayır (No)
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oda_RelationWithCounterPartyIfAny|
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-
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oda_AgreementSigningDateIfExists|
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03/01/2024
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oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
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Determined based on the negotiations between the parties
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oda_DidValuationReportBePrepared|
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Düzenlenmedi (Not Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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Not mandatory according to the regulations
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oda_DateAndNumberOfValuationReport|
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-
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oda_TitleOfValuationCompanyPreparedReport|
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-
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oda_ValueDeterminedInValuationReportIfExists|
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-
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oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
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-
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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As part of Koç Holding's evaluations on growth opportunities in the healthcare industry, following our disclosure dated 04.01.2024 on the purchase of shares of Kemer Medical Center Özel Sağlık Hizmetleri Turizm ve Ticaret A.Ş. ("KMC"), a company operating in the private hospital sector under the "Anatolia Hospital" brand in Antalya, with a total nominal value of TRY 66,581,000 representing 80% of KMC's share capital; following the fulfillment of the closing conditions, share transfers have been completed. The share purchase price has been determined as EUR 82,776,249 and 95% of it has been paid in cash. The remaining 5% will be paid together with the net debt and working capital adjustments that will be determined based on the audited financial statements of KMC dated December 31, 2023. Besides, a shareholders' agreement in relation to the management of KMC, the principles regarding the remaining shares and rights and obligations of its shareholders has been executed between our Company, Mr. Ata Demirel and Mr. Güngör Fatih Çaylak who remain as 20% shareholders in KMC . According to the shareholders' agreement, the parties will not transfer their shares until 31.03.2026, other than in certain exceptional circumstances; and Koç Holding will have a call option and the remaining shareholders will have a put option valid between 31.03.2026 and 30.06.2026.
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. |
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.