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oda_ExplanationTextBlock| | The Company has been informed that, in connection with the insolvency petition proceedings concerning its wholly owned subsidiaries, Tera Bau & Development GmbH, Tera Invest GmbH and Tera Real Estate Management GmbH, the Düsseldorf Local Court has issued orders imposing interim protective measures and appointing a provisional insolvency administrator. The potential implications of these proceedings for the Company's subsidiaries and consolidated financial statements are currently being assessed. Any material developments will be disclosed to the public in accordance with applicable capital markets legislation. Respectfully submitted for the information of the general public and investors. In case of any discrepancy between the Turkish and the English versions of this 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.