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oda_NoncurrentFinancialAssetAcquisitionAbstract| |
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oda_UpdateAnnouncementFlag| |
| Hayır (No) | |||||||
oda_CorrectionAnnouncementFlag| |
| Hayır (No) | |||||||
oda_DateOfThePreviousNotificationAboutTheSameSubject| |
| 01.04.2024 | |||||||
oda_DelayedAnnouncementFlag| |
| Hayır (No) | |||||||
oda_AnnouncementContentSection| |
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oda_BoardDecisionDateForAcquisition| |
| 19/06/2026 | |||||||
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition| |
| Yes | |||||||
oda_TitleOfNoncurrentFinancialAssetAcquired| |
| Beko Europe B.V. | |||||||
oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired| |
| Manufacture, sale and marketing of white goods in Europe | |||||||
oda_CapitalOfNoncurrentFinancialAsset| |
| EUR 10,000 (for 100% of the share capital) | |||||||
oda_AcquirementWay| |
| Satın Alma (Purchase) | |||||||
oda_DateOnWhichTheTransactionWasWillBeCompleted| |
| The closing is expected to take place by the end of June. | |||||||
oda_AcquisitionConditions| |
| Peşin (Cash) | |||||||
oda_DetailedConditionsIfItIsATimedPayment| |
| - | |||||||
oda_NominalValueOfSharesAcquired| |
| EUR 2,500 | |||||||
oda_PurchasePricePerShare| |
| EUR 28.58 | |||||||
oda_TotalPurchasingValue| |
| EUR 71.45 million | |||||||
oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset| |
| 25% | |||||||
oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction| |
| 100% | |||||||
oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction| |
| Indirectly 100% | |||||||
oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany| |
| 0.67% | |||||||
oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany| |
| 0.72% | |||||||
oda_EffectsOnCompanyOperations| |
| As a result of the Transaction, our wholly owned subsidiary Beko B.V. will hold 100% of the shares in Beko Europe B.V., and the partnership relationship with Whirlpool EMEA Holdings LLC will be terminated. | |||||||
oda_DidTakeoverBidObligationArised| |
| Hayır (No) | |||||||
oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised| |
| Hayır (No) | |||||||
oda_TitleNameSurnameOfCounterParty| |
| Whirlpool EMEA Holdings LLC | |||||||
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations| |
| Hayır (No) | |||||||
oda_RelationWithCounterPartyIfAny| |
| - | |||||||
oda_AgreementSigningDateIfExists| |
| 19/06/2026 | |||||||
oda_ValueDeterminationMethodOfNoncurrentFinancialAsset| |
| Negotiation | |||||||
oda_DidValuationReportBePrepared| |
| Düzenlenmedi (Not Prepared) | |||||||
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared| |
| Not mandatory | |||||||
oda_DateAndNumberOfValuationReport| |
| - | |||||||
oda_TitleOfValuationCompanyPreparedReport| |
| - | |||||||
oda_ValueDeterminedInValuationReportIfExists| |
| - | |||||||
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport| |
| - | |||||||
oda_ExplanationSection| |
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oda_ExplanationTextBlock| | A share purchase agreement (the "Agreement") has been executed between Beko B.V. and Whirlpool EMEA Holdings LLC for the acquisition by Beko B.V. of 2,500 Class B shares, representing 25% of the share capital of Beko Europe B.V., held by Whirlpool EMEA Holdings LLC, for a total consideration of EUR 71.45 million (the "Transaction"). Within this scope, the Shareholders' Agreement effective as of 1.04.2024 between the parties will be terminated, while the Trademark License Agreement will remain in effect. For the purpose of financing the Transaction, it has been resolved to inject EUR 71.5 million in cash as equity into Beko B.V., our wholly owned subsidiary. The book value corresponding to the acquired 25% stake in the net assets of Beko Europe B.V., which include fair value adjustments accounted for under TFRS 3 and are carried in the consolidated financial statements of Arçelik A.Ş. as of 31 March 2026, amounts to approximately TRY 1,122,279 thousand in terms of purchasing power as of 31 March 2026. As the Transaction will not result in any change in Arçelik A.Ş.'s control over Beko Europe B.V., it will be accounted for as an acquisition of non-controlling interest in accordance with TFRS 10, and the difference between the transaction price and the carrying amount of the acquired non-controlling interest in the consolidated financial statements as of the transaction date will be recognized as a decrease in equity. In addition, the parties have agreed on the termination of another long-term payment obligation, which is monitored at a carrying amount of TRY 1,724,929 thousand in Arçelik A.Ş.'s consolidated financial statements as of 31 March 2026, and it is envisaged that the relevant amount will be recognized as other income from operating activities. The final impact of the Transaction can be followed from our financial statements dated 30.06.2026 to be disclosed to the public. The Transaction is targeted to be completed by the end of June, subject to the fulfillment of the closing conditions defined in the Agreement. Material developments regarding the subject will be disclosed to the public. 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. | ||||||||
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.