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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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10.04.2018, 09.05.2019
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Evet (Yes)
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It was disclosed in the material event disclosure dated May 9, 2019 that Mayhoola and Boyner Holding reached a common understanding in their discussions to continue negotiations regarding the sale of all our Company's shares owned by Boyner Holding (corresponding to 42.8% of our share capital) to Mayhoola and terms and conditions, timing and the price of such transaction will be determined during the further stages of the negotiations. In addition, in the same material event disclosure, it was disclosed that it has been decided to start the discussions between our Company and Boyner Holding on the transfer of all shares of our subsidiaries, Boyner Büyük Mağazacılık A.Ş. and Altınyıldız Tekstil ve Konfeksiyon A.Ş., the 100% shares of which are owned by our Company, and the ownership of certain related brands to Boyner Holding. An application to the Competition Board for the mentioned transactions is made today, on May 15, 2019.
This statement has been 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.
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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.