Market announcement
TKM Grupp AS
Category
Other price sensitive information
Date
30.06.2008 14:34:10
Title
OSALUSE OMANDAMINE ASis ABC KING
Message
Täna, 30. juunil 2008, pärast Eesti ja Läti Konkurentsiametitelt heakskiidu saamist, viis Tallinna Kaubamaja kontsern lõpuni ostu-müügilepingu 100%-se osaluse omandamiseks ASis ABC KING ja tema 100%-lises tütarettevõttes SIA ABC King. Tehingule lisandus ABC Saare OÜ kingaäri ja kauplused. Kogu tehingu baasostuhinnaks on 159,9 milj. EEK (10,22 milj. EUR). Tehinguga omandab Tallinna Kaubamaja kontsern 14 ABC Kinga kauplust Eestis ja Lätis, mille 2007. aasta kogukäive oli ligikaudu 220 milj. EEK (14,4 milj EUR) ja puhaskasum 20 milj. EEK (1,3 milj EUR) Vastavalt ostu-müügilepingule selgub tehingu lõplik maksumus pärast lepingus ettenähtud protseduuride läbimist (Post-Closing Adjustment), kõigi eelduste kohaselt hiljemalt septembris 2008. Raul Puusepp Juhatuse esimees Tel. 7 315 000
Title
ACQUISITION OF AS ABC KING SHARES
Message
Today, on 30 June 2008, after obtaining the approval of the Competition Boards of Estonia and Latvia, Tallinna Kaubamaja completed the purchase agreement for acquisition of the 100% shareholding in AS ABC KING and its 100% subsidiary SIA ABC KING. ABC Saare OÜ shoe business and shops were added to the transaction. The base purchase price of the entire transaction is 159.9 million EEK (10.22 million EUR). With the transaction, Tallinna Kaubamaja acquires 14 ABC King stores in Estonia and Latvia, whose total turnover in 2007 was approximately 220 million EEK (14.4 million EUR) and net profit 20 million EEK (1.3 million EUR). According to the purchase agreement, the final purchase price will be established after completion of the Post-Closing Adjustment procedure, which is expected to take place in September 2008 at the latest. Raul Puusepp Chairman of the Board Phone +372 7315 000