Market announcement

AS BALTIKA

LEI code

48510000I3W254YEMG75

General information

Categories

Other corporate action

Unique data record identifier

10049

Submission date and time

06.01.2023 14:30:00

Content of announcement in Estonian

Title

Baltman OÜ ja Kalaport OÜ jõudsid kohtuvaidluses kompromissini

Message

AS Baltika tütarettevõte Baltman OÜ ja Kalaport OÜ sõlmisid 5. jaanuaril 2023
kompromissi, millega lõpetati kokkuleppel poolte vahel Tallinnas vanalinnas
Suur-Karja 14 asuva Ivo Nikkolo kaupluse üürilepingut puudutav kohtuvaidlus, mis
sai alguse 2021. aasta alguses. Vaidluse sisu on täpsemalt kirjeldatud AS
Baltika 09.02.2021
(https://eur04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fview.news.eu.
nasdaq.com%2Fview%3Fid%3Db4abd101b809bf63f8fdfafd0a7caccce%26lang%3Det&data=05%7
C01%7CBrigitta.Kippak%40baltikagroup.com%7C22fcc6fec0a94e100b5508daefc832bc%7C59
51f0617af847c1ba0f9108281fd9ea%7C0%7C0%7C638085940383991542%7CUnknown%7CTWFpbGZs
b3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C
%7C%7C&sdata=77379%2BWbTgbjr5Gfsu39Etbsd1g0el0ZYX51D8G9ugc%3D&reserved=0)
avaldatud börsiteates.

Kompromissiga loobusid nii Kalaport OÜ kui ka Baltman OÜ vastastikku kõikidest
esitatud nõuetest ja Baltman OÜ jätkab üürilepingu täitmist arvestades
kompromissis kokku lepitud erisusi alates 01.02.2023. Kompromissi tingimused on
pooltevahelise kokkuleppega konfidentsiaalsed.

?Meil on hea meel, et peale pikka kohtuvaidlust jõudsime mõlemaid pooli
rahuldavale kompromissile, mis annab meile võimaluse taasavada Ivo Nikkolo
brändikaupluse Tallinna vanalinnas. Suur-Karja tänava kauplus omab meie
hinnangul jätkuvat suurt ärilist potentsiaali ning Ivo Nikkolo kaupluse
taasavamine selle legendaarses asukohas aitab meil veelgi paremini jõuda
Tallinnat välisriikidest külastavate inimesteni, kes on juba väga hästi üles
leidnud meie Rotermanni kvartalis avatud esinduspoe ning meie klientideks
hakanud," ütles AS Baltika juhatuse esimees Brigitta Kippak.

Kompromiss ei ole praegusel hetkel veel jõustunud ja selle kinnitamise otsustab
kohus määrusega. Kompromissi kinnitamisel lõpetab kohus ühtlasi ka menetluse.

Brigitta Kippak
Juhatuse liige, tegevjuht
[email protected] (mailto:[email protected])

Content of announcement in English

Title

Baltman OÜ and Kalaport OÜ reached compromise agreement in a court dispute

Message

Baltman OÜ, a subsidiary of AS Baltika, and Kalaport OÜ entered into a
compromise on January 5, 2023, which ended the legal dispute regarding the lease
agreement for the Ivo Nikkolo store located at Suur-Karja 14 in Tallinn's old
town, which began in early 2021, by agreement between the parties. The content
of the dispute is described in more detail in the stock exchange announcement
published by AS Baltika on 09.02.2021
(https://view.news.eu.nasdaq.com/view?id=b4abd101b809bf63f8fdfafd0a7caccce&lang=
en).

With the compromise, both Kalaport OÜ and Baltman OÜ mutually waived all claims
and Baltman OÜ will continue to fulfill the lease agreement, taking into account
the differences agreed in the compromise, from 01.02.2023. The parties have
agreed that the terms of the compromise agreement are confidential.

"We are glad that after a long legal dispute we reached a compromise that
satisfies both parties, which gives us the opportunity to reopen the Ivo Nikkolo
brand store in the old town of Tallinn. In our opinion, the Suur-Karja store has
continued great business potential, and the reopening of the Ivo Nikkolo store
in its legendary location will help us even better reach people visiting Tallinn
from abroad, who have already very well found our flagship store opened in the
Rotermann Quarter and have become our customers," said Brigitta Kippak, Chairman
of The Management Board of AS Baltika.

At the moment, the compromise has not yet entered into force, and the court will
decide on its approval with a ruling. When the compromise is approved, the court
also ends the proceedings.

Brigitta Kippak
Chairman of The Management Board, CEO
[email protected]
(https://www.globenewswire.com/Tracker?data=QNx0x5TD8BxpJdoOl7VFcEKuwc437TOVDLwt
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