Market announcement
AS BALTIKA
LEI code
48510000I3W254YEMG75
General information
Categories
Other price sensitive information
Unique data record identifier
3778
Submission date and time
02.08.2012 10:00:11
Content of announcement in Estonian
Title
Kinnisvara müük
Message
Vastavalt põhiärile keskendumise ja kinnisvaraärist väljumise plaanile sõlmis AS Baltika tütarettevõte OÜ Baltika TP 31. juulil 2012 Veerenni 24 kinnistu (büroohooned ja maa) müügilepingu AS Kawe Groupiga. Baltika Grupp jätkab nii peakontori kui Moetänava kaupluse pinna rentimist. Müügitehingu summaks on 13,6 miljonit eurot, millest 13 miljonit eurot tasus ostja lepingu sõlmimisel ja ülejäänud 0,6 miljonit eurot tasub võrdsete osamaksetena viie aasta jooksul. AS Baltika kasutas saadavat raha AS Swedbank laenu ennetähtaegseks tagasimakseks ning ettevõtte laenukohustused vähenesid 13 miljoni euro võrra. Tehingu tulemusel vähenes Baltika kinnisvarainvesteering ja müügiootel põhivara summas 13,6 miljonit eurot. Lühi- ja pikaajalised nõuded suurenesid 0,6 miljoni võrra. Müüdava vara bilansiline väärtus vastab müügihinnale, mistõttu tehingul puudub oluline mõju kasumiaruandele. Maigi Pärnik Juhatuse liige [email protected]
Content of announcement in English
Title
Sale of property
Message
On 31 July in line with the plans to exit operating real estate and focus on the core business AS Baltika subsidiary OÜ Baltika TP has signed sales agreement with AS Kawe Group to divest Veerenni 24 (office buildings and land). Baltika Group will continue to rent the space for its head office and Moetänav store space at the site. The transaction amounts to 13.6 million euros from which 13 million euros was settled at the time of signing the agreement and 0.6 million euros will be paid in equal instalments over the next 5 years. AS Baltika used the funds to make early repayment of a loan from AS Swedbank and as a result loan liabilities decreased by 13 million euros. As a result of the transaction Baltika investment property and non-current assets held for sale in the amount of 13.6 million euros decreased in full. Short and long term receivables increased by a total of 0.6 million euros. The sale price is equal to the book value of the asset and as such the sale transaction has no significant impact for in the income statement. Maigi Pärnik Member of the Management Board [email protected]