Market announcement

Arco Vara AS

LEI code

097900BHCB0000066171

Size of the entity

Small group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

3237

Submission date and time

04.04.2011 13:16:03

Content of announcement in Estonian

Title

Wilson Kinnisvara OÜ osaluse võõrandamisest

Message

2010. aasta novembris toimunud Arco Investeeringute AS (100% Arco Vara AS
tütarettevõte) kuuluva Wilson Kinnisvara OÜ osade võõrandamist tehingut
puudutav informatsioon ei kuulunud ettevõtte hinnangul avaldamisele.  Kuna
alates 31.03.201 ajakirjanduses leviv teave toimunud tehingu majandusliku sisu
osas on eksitav, peab juhatus vajalikuks tehingut selgitada. 

Tehingu koguväärtus oli 23 MEEK (~1,5 MEUR), mis koosnes Wilson Kinnisvara OÜ
osa võõrandamisest 3,3 MEEK (~0,2 MEUR) eest ning lisaks võõrandati ostjale
19,7 MEEK (~1,3 MEUR) ulatuses kontserni nõudeid Wilson Kinnisvara OÜ vastu.
Nõuete loovutamise eest tasuti täies ulatuses rahas. 

Tehingu majanduslikuks tulemuseks oli kontsernile 2,7 MEEK (~0,2 MEUR) kasumit.
 Kontsern teenis Wilson Kinnisvara OÜ, kelle peamiseks varaks oli Paldiski mnt
80 asuv kinnistu, osade võõrandamise ja nõuete loovutamise tulemusel kokku 23
MEEK (~1,5 MEUR). 
Arco Vara on Baltimaade üks juhtivaid kinnisvaraarenduse ettevõtteid, asutatud
1992.aastal. Ettevõtte põhitegevus on kinnisvaraarendus, mida toetavad
vahendamine, hindamine, ehitus ja kinnisvarahaldus. 
Firmal on esindused 17 linnas Eestis, Lätis, Ukrainas ja Bulgaarias.
Lembit Tampere
Juhatuse liige
Arco Vara AS
Tel: +372 614 4630
[email protected]
http://www.arcorealestate.com

Content of announcement in English

Title

Wilson Kinnisvara OÜ share sale.

Message

Information regarding an alienation of Arco Investeeringute AS (100% Arco Vara
AS daughter company) daughter company shares in Wilson Kinnisvara OÜ in
November 2010 did not qualify as publishable information according to the
Company.  Management of the Company has decided to further clarify the
transaction as information regarding it circulating in media since 31.03.2011
is misleading. 
Total value of the transaction was 23 Million EEK (1,4 Million EUR) consisting
of share sale of 3,3 Million EEK (0,2 Million EUR) and alienation of loans of
the Company towards Wilson Kinnisvara OÜ to the buyer in amount of 19,7 Million
EEK (1,3 Million EUR).  The Company loans were alienated against cash payment. 
Economic result of the transaction was a profit of 2,7 Million EEK (0,2 Million
EUR).  The Company earned from realisation of 80 Paldiski Rd., main asset of
Wilson Kinnisvara OÜ, through alienation of shares and owner loans a total of
23 Million EEK (1,5 MEUR). 
Arco Vara is a leading property development company in the Baltic areas,
established in 1992.  Main activity of the company is real estate development,
supported by brokerage, valuation construction and facility management. 
Company is represented in 17 cities in Estonia, Latvia, Ukraine and Bulgaria. 
Lembit Tampre
Member of the Management Board
Arco Vara AS
Tel: +372 614 4630
[email protected]
http://www.arcorealestate.com