Market announcement
TKM Grupp AS
Category
Other price sensitive information
Date
14.05.2008 09:30:00
Title
OSALUSE OMANDAMINE ASis ABC KING
Message
Teisipäeval, 13. mail 2008 sõlmis Tallinna Kaubamaja kontsern ostu-müügilepingu 100%-se osaluse omandamiseks ASis ABC KING ja tema 100%-lises tütarettevõttes SIA ABC King. Tehinguga jätkab kaubamaja perspektiivsete ärisuundade täiendamist. AS ABC KING asutati 1993. aastal ja on koos 5000 kauplusega üle-euroopalise Ariston-Nord-West-Ring Schuh GmbH (ANWR) sisseostugrupi liige. AS ABC King opereerib kokku 9 kauplust, millest neli asuvad Eestis ja viis Lätis. Ettevõtete müügitulu 2007. aastal oli ligikaudu 200 miljonit krooni. Tehingu hind ei ületa 10% AS Tallinna Kaubamaja kontserni konsolideeritud bilansimahust, omakapitalist või käibest. Täiendavat informatsiooni nimetatud tehingu kohta avaldatakse pärast Eesti ja Läti Konkurentsiametitelt loa saamist ning tehingu lõpule viimist . AS Tallinna Kaubamaja kinnitab, et tehing ei ole käsitletav tehinguna seotud isikuga ja AS Tallinna Kaubamaja juhatuse ja nõukogu liikmed ei ole tehingust muul viisil isiklikult huvitatud. Raul Puusepp Juhatuse esimees Tel. 7 315 000
Title
ACQUISITION OF AS ABC KING SHARES
Message
On Tuesday, May 13th 2008 Tallinna Kaubamaja group signed the purchase agreement in order to acquire 100% shares in AS ABC King and in its 100% subsidiary SIA ABC King. With the acquisition Tallinna Kaubamaja group continues the expansion of perspective business lines. AS ABC KING was established in 1993 and is together with 5000 other shops a member of pan-European purchasing group Ariston-Nord-West-Ring Schuh GmbH (ANWR). AS ABC King has 9 stores active under the brand-name of ABC KING, four of them located in Estonia and five in Latvia. Company's sales revenue for 2007 was close to 200 million kroons. The purchase price of the business deal does not exceed 10% of Tallinna Kaubamaja consolidated total assets, owners' equity or sales revenue. Additional information will be published after receiving approvals from Estonian and Latvian Competition Boards and closing the purchase. The transaction does not qualify as an acquisition of significant holding nor a related party transaction. The members of the supervisory board and management board of AS Tallinna Kaubamaja do not have any personal interests in the incorporation of the company. Raul Puusepp Chairman of the Board Phone +372 7315 000