The sale of 41 million shares of Çan2 Termik A.Ş., which is a subsidiary of ODAS and Odas has a 71.5659% shareholding, with a total value of 795,038,200 TL, has been realised on the stock exchange today, and the entire resource to be obtained will be transferred to Çan2 Termik A.Ş. as capital advance and the entire resource will be used in the early debt payment of Çan2 Termik A.Ş.'s Yapı Kredi Bank and Halkbank consortium. Thus, with the share sale carried out today and on 21.07.2023, a total of 1.613.805.400 TL worth of shares were sold and the entire resource to be obtained will be used for early debt payment.
Kindly announced to the public.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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.
