Related Companies
|
[]
|
||||||||
Related Funds
|
[]
|
||||||||
English
|
|||||||||
oda_NoncurrentFinancialAssetAcquisitionAbstract|
|
|
||||||||
oda_UpdateAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
oda_CorrectionAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
oda_DateOfThePreviousNotificationAboutTheSameSubject|
|
|
-
|
|||||||
oda_DelayedAnnouncementFlag|
|
|
Evet (Yes)
|
|||||||
oda_AnnouncementContentSection|
|
|
||||||||
oda_BoardDecisionDateForAcquisition|
|
|
29/03/2021
|
|||||||
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition|
|
|
Yes
|
|||||||
oda_TitleOfNoncurrentFinancialAssetAcquired|
|
|
Türkiye'nin Otomobili Girişim Grubu Sanayi ve Ticaret AŞ
|
|||||||
oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired|
|
|
To produce electric vehicles and to carry out supporting activities
|
|||||||
oda_CapitalOfNoncurrentFinancialAsset|
|
|
996.774.000 TL
|
|||||||
oda_AcquirementWay|
|
|
Satın Alma (Purchase)
|
|||||||
oda_DateOnWhichTheTransactionWasWillBeCompleted|
|
|
Completed
|
|||||||
oda_AcquisitionConditions|
|
|
Peşin (Cash)
|
|||||||
oda_DetailedConditionsIfItIsATimedPayment|
|
|
-
|
|||||||
oda_NominalValueOfSharesAcquired|
|
|
2.131.020 TL
|
|||||||
oda_PurchasePricePerShare|
|
|
1 TL
|
|||||||
oda_TotalPurchasingValue|
|
|
2.131.020 TL
|
|||||||
oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset|
|
|
%0,21
|
|||||||
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction|
|
|
%23
|
|||||||
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction|
|
|
%23
|
|||||||
oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
|
|
%0,007
|
|||||||
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
|
|
%0,01
|
|||||||
oda_EffectsOnCompanyOperations|
|
|
-
|
|||||||
oda_DidTakeoverBidObligationArised|
|
|
Hayır (No)
|
|||||||
oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised|
|
|
Hayır (No)
|
|||||||
oda_TitleNameSurnameOfCounterParty|
|
|
Kök Ulaşım Taşımacılık AŞ
|
|||||||
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
|
|
Hayır (No)
|
|||||||
oda_RelationWithCounterPartyIfAny|
|
|
A shareholder of TOGG
|
|||||||
oda_AgreementSigningDateIfExists|
|
|
29/04/2021
|
|||||||
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
|
|
Acquired at nominal value
|
|||||||
oda_DidValuationReportBePrepared|
|
|
Düzenlenmedi (Not Prepared)
|
|||||||
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
|
|
Not required by the legislation
|
|||||||
oda_DateAndNumberOfValuationReport|
|
|
-
|
|||||||
oda_TitleOfValuationCompanyPreparedReport|
|
|
-
|
|||||||
oda_ValueDeterminedInValuationReportIfExists|
|
|
-
|
|||||||
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
|
|
-
|
|||||||
oda_ExplanationSection|
|
|
||||||||
oda_ExplanationTextBlock|
|
We had disclosed in our material event disclosure dated 28.06.2018 that Vestel Elektronik Sanayi ve Ticaret AŞ had become one of the shareholders of Türkiye'nin Otomobili Girişim Grubu Sanayi ve Ticaret AŞ ("TOGG") with a 19% share.
Within the scope of the decision taken at the Annual General Meeting of TOGG which was held on 31 May 2021 and the provisions of the company's articles of association, the paid-in capital of TOGG was increased by 846,774,000 TL from 150,000,000 TL to 996,774,000 TL and Vestel Elektronik participated in the said capital increase.
As part of its decision to narrow the scope of its operations, Kök Ulaşım Taşımacılık AŞ ("KÖK") did not participate in TOGG's capital increase. The capital advances paid by the other shareholders earlier were added to capital and accordingly, Vestel Elektronik Sanayi ve Ticaret AŞ's stake in TOGG increased from 19% to 22.8%.
On the other hand, within the scope of the shareholders agreement; Vestel Elektronik acquired 0.2% of KÖK's remaining 2.9% share in TOGG at nominal value post the capital increase and accordingly, the Company's stake in TOGG has reached 23.0%.
Since the share transfer process could affect the share price and investors' investment decision, within the scope of the Capital Markets Board's Communiqué on Material Events Disclosure, the public announcement was postponed until the completion of the aforementioned share transfer with the Board resolution dated March 29, 2021.
|
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.