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English
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oda_NoncurrentFinancialAssetSaleAbstract|
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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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16.11.2018
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_BoardDecisionDateForSale|
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14/11/2018
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
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-
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oda_TitleOfNoncurrentFinancialAssetSold|
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Anadolu Kafkasya Enerji Yatırımları A.Ş.
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oda_FieldOfActivityNoncurrentFinancialAssetSold|
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Production and transmission of electricity and establisment and operation of distibution facilities
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oda_CapitalOfNoncurrentFinancialAssetSold|
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TL.203,700,000
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oda_DateOnWhichRheTransactionWasWillBeCompleted|
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21.12.2018
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oda_SalesConditions|
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Peşin (Cash)
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oda_NominalValueOfSharesSold|
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TL.27,519,870
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oda_SalesPricePerShare|
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0,3634 cent
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oda_TotalSalesValue|
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USD 10,000,000
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oda_RatioOfSharesSoldToCapitalOfNoncurrentFinancialAsset|
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13.51
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oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterSalesTransaction|
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75.68
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oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterSalesTransaction|
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75.68
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oda_RatioOfNoncurrentFinancialAssetSoldToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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0.05
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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0.31
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oda_EffectsOnCompanyOperations|
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-
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oda_ProfitLossArisedAfterTransaction|
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TL 26,657,130
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oda_HowWillSalesProfitBeUsedIfExists|
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75% of the profit from sales will be booked under equity to benefit from tax exemption.
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oda_BoardDecisionDateForUseOfSalesProfitIfExists|
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-
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oda_TitleNameSurnameOfCounterPartyBought|
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Paravani Energy B.V.
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Hayır (No)
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oda_RelationWithCounterPartyIfAny|http://www.xbrl.org/2003/role/verboseLabel
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The other shareholder of the financial asset sold
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oda_AgreementSigningDateIfExists|
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14/11/2018
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oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
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Negotiation
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oda_DidValuationReportBePrepared|
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Düzenlenmedi (Not Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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Sales price determined based on negotiations
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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 announced on November 16, 2018, sale of 13.51% portion of our shares in Anadolu Kafkasya Enerji Yatırımları A.Ş. (Anadolu Kafkasya) for an amount of USD 10 mn to our partner Paravani Energy B.V. has been completed in one single cash payment on Dec. 20, 2018. Following the transaction, our share in Anadolu Kafkasya decreased from 89.19% to 75.68%. |
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.