Market announcement

AS BALTIKA

LEI code

48510000I3W254YEMG75

General information

Categories

Other price sensitive information

Unique data record identifier

2959

Submission date and time

18.11.2010 15:21:37

Content of announcement in Estonian

Title

Baltika muudab kontserni struktuuri tegevuspõhiseks

Message

Baltika kontserni struktuuri tegevuspõhise ümberkorraldamise käigus asutati     
valdusfirma OÜ Baltika Retail, kuhu koondatakse kõigi Baltika Grupi             
jaetütarettevõtete osalused, mis siiani kuulusid AS-le Baltika. Osaühing asutati
osakapitaliga 2500 eurot ning osakapital kuulub 100% AS-le Baltika. OÜ Baltika  
Retail juhataja on Meelis Milder. OÜ Baltika Retail põhitegevuseks on           
jaeettevõtete osaluste haldamine, osaühingul puudub aktiivne majandustegevus.   

Nimetatud tehing ei ole käsitletav tehinguna seotud isikuga ning ei oma olulist 
mõju AS Baltika majandustulemustele.                                            

Ülle Järv                                                                       
AS Baltika juhatuse liige                                                       
+372 630 2731

Content of announcement in English

Title

Baltika adopts an activity-based Group structure

Message

                                                                                
As part of its activity-based reorganization, Baltika Group established a       
holding company, OÜ Baltika Retail, into which will be transferred the Group's  
interests in all its retail subsidiaries that used to be directly owned by AS   
Baltika. The holding company was established with a share capital of EUR 2500   
and its sole shareholder is AS Baltika. The CEO of OÜ Baltika Retail is Meelis  
Milder. The core activity of OÜ Baltika Retail is management of interests in    
retail companies; the entity is not going to carry out any business activities  
of its own.                                                                     

The transaction does not constitute a transaction with a related party and it   
has no impact on the financial results of AS Baltika.                           


Ülle Järv                                                                       
Member of the Management Board                                                  
+372 630 2731