Tallinna Kaubamaja Grupp AS is bringing the retail chains specialised in certain
types of goods under the same management team. This change pertains to the
subsidiaries AS TKM King, OÜ TKM Beauty, and OÜ TKM Beauty Eesti. In this
regard, Anne-Liis Ostov will assume the position of CEO and member of the
management board of AS TKM King, subsidiary of Tallinna Kaubamaja Grupp AS that
operates the retail chains ABC King and SHU, as of 4 April 2019. The
authorisation of Tiit Mägi, current member of the management board of AS TKM
King, will expire on 1 May 2019 due the end of the term of authorisation. Tiit
Mägi will leave Tallinna Kaubamaja Group.
Anne-Liis Ostov will continue as the CEO and member of the management board of
OÜ TKM Beauty and OÜ TKM Beauty Eesti, subsidiaries of the Tallinna Kaubamaja
Group. Anne-Liis Ostov has worked in various positions at the Tallinna Kaubamaja
Group since 2004 and has been the CEO of OÜ TKM Beauty and OÜ TKM Beauty Eesti
since 2014. Anne-Liis Ostov does not own any shares of Tallinna Kaubamaja Grupp
AS.
Raul Puusepp
Chairman of the Board
Phone: +372 731 5000
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