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oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract| |
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oda_UpdateAnnouncementFlag| |
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oda_CorrectionAnnouncementFlag| |
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oda_DateOfThePreviousNotificationAboutTheSameSubject| |
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oda_DelayedAnnouncementFlag| |
| Hayır (No) | |||||||
oda_AnnouncementContentSection| |
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oda_NatureOfSituationOccured| |
| Discontinuation of production activities at the Onikişubat Ready-Mixed Concrete Plant (the "Plant") and termination of the underlying lease agreement. | |||||||
oda_InformationAboutOperationsSupendedOrBecameImpossible| |
| The ready-mixed concrete production activities carried out at the Plant. | |||||||
oda_ReasonOfSuspensionOrImpossibilityOfOperations| |
| The optimization of our Company's ready-mixed concrete production portfolio and the efficient use of resources. | |||||||
oda_DecisionDateOfAuthorizedBodyIfExits| |
| 31.10.2026 | |||||||
oda_ValidityDateOfSuspensionOrImpossibilityOfOperations| |
| 31.10.2026 | |||||||
oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany| |
| In 2025, its volumetric share within the Company's total production amounted to approximately 1%. | |||||||
oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany| |
| In 2025, the share of ready-mixed concrete sales generated by the Plant within total revenue was approximately 3%. | |||||||
oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany| |
| There is no partial suspension involved. | |||||||
oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated| |
| The employment contracts of the Plant's employees, together with their severance entitlements, will be transferred to Limak Çimento Sanayi ve Ticaret A.Ş. | |||||||
oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid| |
| Since the employees' employment contracts will be transferred to Limak Çimento Sanayi ve Ticaret A.Ş. together with their severance entitlements, no severance or notice payment liability will arise. | |||||||
oda_PrecautionsTookIntoConsiderationByCompanyManagement| |
| As part of efforts to optimize our Company's ready-mixed concrete production portfolio and ensure the efficient use of resources, it has been resolved to terminate the production activities at the Onikişubat Ready-Mixed Concrete Plant. | |||||||
oda_ConditionsRequiredForGoingIntoOperationAgain| |
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oda_ExpectedDateToBeginOperations| |
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oda_EffectsOnContinuityAssumptionOfCompany| |
| No impact on our Company's going concern assumption is expected. | |||||||
oda_ExplanationSection| |
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oda_AdditionalExplanationTextBlock| | Within the scope of efforts to optimize our Company's ready-mixed concrete production portfolio and ensure the efficient use of resources, it has been resolved by our Board of Directors' decision dated 31.10.2026 and numbered 224 to terminate the production activities at the Onikişubat Ready-Mixed Concrete Plant and to terminate, by mutual agreement, the lease agreement entered into with Limak Çimento Sanayi ve Ticaret A.Ş. on 18.08.2025. All other production and sales activities, in particular cement production, which constitutes our Company's principal field of activity, continue in their ordinary course. The employment contracts of our personnel working at the Plant, together with their severance entitlements, will be transferred to Limak Çimento Sanayi ve Ticaret A.Ş. Respectfully announced 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.