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English
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oda_MaterialEventDisclosureGeneralAbstract|
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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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19.12.2014
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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In Our Company's public disclosure dated 19.12.2014; it was stated that, after negotiations with Goldman Sachs International ("GSI") and our main shareholder SOCAR Turkey Enerji A.Ş.("STEAŞ"), shares representing %30 of Petlim Limancılık Ticaret A.Ş.'s("Petlim") capital of which the remaining %70 currently is owned by Our Company, was purchased by GSI in 2014 at a value of 250 million USD and simultaneously, a put option agreement, which had a duration of 7 years, was reached between GSI and STEAŞ for the shares mentioned.
Our Company is informed by our main shareholder that, GSI has exercised the put option mentioned in the above agreement and the purchase transaction of shares mentioned above representing %30 of Petlim's capital by STEAŞ has been completed. After the mentioned transaction, STEAŞ owns %30 of Petlim and Our Company continues to own %70 of Petlim.
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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.