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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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04.04.2023
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oda_DelayedAnnouncementFlag|
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Evet (Yes)
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oda_AnnouncementContentSection|
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oda_BoardDecisionDateForSale|
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04/04/2023
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
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Yes
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oda_TitleOfNoncurrentFinancialAssetSold|
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Aytemiz Akaryakıt Dağıtım A.Ş.
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oda_FieldOfActivityNoncurrentFinancialAssetSold|
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Fuel and autogas distribution
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oda_CapitalOfNoncurrentFinancialAssetSold|
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800,000,000 TL
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oda_DateOnWhichRheTransactionWasWillBeCompleted|
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26.04.2023
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oda_SalesConditions|
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Peşin (Cash)
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oda_NominalValueOfSharesSold|
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400,000,000 TL
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oda_SalesPricePerShare|
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0.42 USD
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oda_TotalSalesValue|
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168,000,000 USD
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oda_RatioOfSharesSoldToCapitalOfNoncurrentFinancialAsset|
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%50
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oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterSalesTransaction|
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%0
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oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterSalesTransaction|
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%0
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oda_RatioOfNoncurrentFinancialAssetSoldToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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%7.72
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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%7.11
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oda_EffectsOnCompanyOperations|
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It is expected that it will have a positive impact on the efficient use of our assets and resources, on the activities of our Company and on the working capital.
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oda_ProfitLossArisedAfterTransaction|
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2,782,230,000 TL
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oda_HowWillSalesProfitBeUsedIfExists|
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No determination has been made.
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oda_BoardDecisionDateForUseOfSalesProfitIfExists|
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A Board of Directors Decision has not been taken.
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oda_TitleNameSurnameOfCounterPartyBought|
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PJSC Tatneft n.a. V.D. Shashin
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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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It has no relationship in terms of management, audit or capital.
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oda_AgreementSigningDateIfExists|
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04/04/2023
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oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
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Sale Price is determined by negotiation.
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oda_DidValuationReportBePrepared|
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Düzenlenmedi (Not Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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Sale Price is determined by negotiation.
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oda_DateAndNumberOfValuationReport|
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None.
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oda_TitleOfValuationCompanyPreparedReport|
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None.
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oda_ValueDeterminedInValuationReportIfExists|
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None.
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oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
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There is no valuation report.
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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Our company's 400,000,000 shares at a face value of TRY 400,000,000, corresponding to 50% of Aytemiz Akaryakıt's paid-in capital shall be sold ("Transaction") to PJSC Tatneft n.a. V.D. Shashin ("Buyer"), whom our Company does not have a relationship with in terms of management, audit and capital, for a total of (subject to adjustments) USD 160,000,000 ("Sale Value") and under other conditions agreed within the ‘Share Transfer Agreement', and that a ‘Share Transfer Agreement' was signed between our Company and Buyer. Upon obtaining necessary regulatory approvals and fulfilment of prerequisites, our Company's 50% stake at Aytemiz Akaryakıt has been sold for (subject to final adjustments after closure) USD 168,000,000, considering the estimated net debt figure at the date of closure, on April 26, 2023 and "Closing" transactions have been completed as of April 26, 2023. Pursuant to the ‘Share Transfer Agreement' signed between the parties of the deal on April 4, 2023, shares representing 100% of Aytemiz Akaryakıt's paid-in capital has been sold and transferred to PJSC Tatneft n.a. V.D. Shashin on April 26, 2023 for a total consideration of (subject to final adjustments after closure) USD 336,000,000 (USD 168,000,000 to our Company), considering the estimated net debt figure at the date of closure, and with the conditions agreed on the ‘Share Transfer Agreement' dated April 04, 2023. "Closing" transactions have been completed as of April 26, 2023. |
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.