Market announcement

TKM Grupp AS

LEI code

529900785KF1K0EEW940

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

10393

Submission date and time

31.05.2023 16:00:00

Content of announcement in Estonian

Title

Turvateenuste valdkonna laienemine

Message

Tallinna  Kaubamaja Grupp AS (edaspidi TKM Grupp) tütarettevõtja Viking Security
AS  omandab 100% SKARABEUS Julgestusteenistus OÜ  osadest. Tehing viiakse lõpule
pärast   vajalike   kooskõlastuste  saamist  Konkurentsiametilt  ja  täiendavate
toimingute  läbi viimist.  SKARABEUS Julgestusteenistus  OÜ osakapital  on 2556
eurot.

SKARABEUS  Julgestusteenistus  OÜ  on  üle-Eestiline turvaettevõtja osakondadega
Tallinnas, Tartus, Pärnus ja Kesk-Eestis, mis osutab mehitatud valve-, patrulli-
ja  tehnilise  valve  teenuseid.  Ettevõtte  käive 2022. aastal oli 3,1 miljonit
eurot ja seal töötab 168 inimest.

Viking Security AS käive 2022. aastal oli 15,1 mln eurot, millega ollakse Eestis
turuosalt   kolmandal   positsioonil.  Tegevusvaldkondadeks  on  turvalahenduste
loomine,  turvasüsteemide  projekteerimine,  ehitus  ja  hooldus,  mehitatud  ja
tehnilise     valve     teenused,     sularahavedu,     tuleohutusteenused    ja
inventeerimisteenused.

SKARABEUS  Julgestusteenistus OÜ osaluse  omandamine võimaldab Viking Security'l
tugevdada  oma  kõigi  valdkondade  äritegevust.  Kahe ettevõtte ühinemine annab
positiivset    sünergiat    läbi    tugeva    valdkonna   oskusteabe   liitmise,
tegevusvõimekuse kasvu ja kuluefektiivsuse. Tehing loob võimaluse jätkata edukat
kasvu ja arendada uusi teenuseid.

Tehing  ei  ole  käsitletav  olulise  osaluse  omandamisena ega tehinguna seotud
isikuga  NASDAQ Tallinna  Börsi reglemendi  osa "Nõuded Emitentidele" tähenduses
ega  avalda olulist  mõju TKM  Grupi tegevusele.  TKM Grupi  nõukogu ja juhatuse
liikmed ei ole tehingutest muul viisil isiklikult huvitatud.

Raul Puusepp
Juhatuse esimees
Tel 731 5000

Content of announcement in English

Title

Expansion of the field of security services

Message

Tallinna  Kaubamaja Grupp AS (hereinafter  TKM Group) subsidiary Viking Security
AS   acquires  100% of  the  shares  of  SKARABEUS  Julgestusteenistus  OÜ.  The
transaction  will be finalised after receiving  the necessary approvals from the
Estonian  Competition Authority and  carrying out additional  actions. The share
capital of SKARABEUS Julgestusteenistus OÜ is 2556 euros.

SKARABEUS   Julgestusteenistus   OÜ   is  a  nationwide  security  company  with
departments  in Tallinn, Tartu,  Pärnu and Central  Estonia that provides manned
guarding,  patrol and technical surveillance services. The company's turnover in
2022 was 3.1 million euros and 168 people work at the company.

In 2022, the turnover of Viking Security AS was 15.1 million euros, which is the
third  largest market share in Estonia. Areas  of activities are the creation of
security  solutions,  the  design,  construction  and  maintenance  of  security
systems,   manned   guarding   and   technical   surveillance   services,   cash
transportation, fire safety services and inventory services.

The acquisition of SKARABEUS Julgestusteenistus OÜ enables Viking Security AS to
strengthen  its  business  in  all  areas  of  activity.  The merging of the two
companies gives positive synergy through the fusion of strong industry know-how,
the  growth of  operational capability  and cost-effectiveness.  The transaction
creates an opportunity to continue successful growth and develop new services.

The  transaction cannot be considered as  the acquisition of a significant share
or  as a transaction made with persons  connected with issuer within the meaning
of  the section "Requirements for Issuers"  of the NASDAQ Tallinn Stock Exchange
regulations,  and does not  have a significant  impact on the  operations of TKM
Group. The members of TKM Group's supervisory board and management board are not
personally interested in the transactions in any other way.

Raul Puusepp
Chairman of the Management Board
Phone: +372 731 5000