Market announcement
AS Silvano Fashion Group
LEI code
529900JNG41RRJKJYB65
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
3882
Submission date and time
28.12.2012 11:20:18
Content of announcement in Estonian
Title
Osaluse täielikust omandamisest Trading Company "Milavitsa" Ukrainas
Message
Tallinn, 2012-12-28 10:20 CET (GLOBE NEWSWIRE) -- Silvano Fashion Group AS on sõlminud osaluse omandamise kokkulepped Trading Company "Milavitsa" (Ukraina) 100% osaluse ulatuses. Vastavalt Ukraina regulatsioonidele on osaluse omandamiseks vajalik Ukraina monopolivastase komitee nõusolek, mis on käesolevaks hetkeks saavutatud. Omandatavaks äriühinguks on Trading Company "Milavitsa", mille tegevusvaldkonnaks on SFG Grupi toodete hulgimüük Ukrainas. Omandatava ettevõtte osakapital moodustab 50 000 ukraina grivnat. Vastavalt poolte kokkuleppele tehingu hind ei kuulu avalikustamisele. Osaluse omandamise eesmärgiks on Grupi hulgimüügi tegevuse edendamine Ukrainas. Tehingul puudub oluline finantsmõju SFG Grupi finantstulemustele 2012. aastal. Märt Meerits juhatuse liige Silvano Fashion Group 6845 000 [email protected]
Content of announcement in English
Title
Silvano Fashion Group gains full control over Trading Company "Milavitsa", Ukraine
Message
Silvano Fashion Group has concluded agreements on the acquisition of 100% control over Trading Company "Milavitsa" (Ukraine). According to the regulations of Ukraine, the acquisition must be approved by the Antimonopoly Committee of Ukraine, which has been achieved by the current date. The subject to take-over is Trading Company "Milavitsa", which main area of business is the wholesale of products of the Silvano Fashion Group in Ukraine. The share capital of the acquired company is 50 000 Ukrainian hryvnias (UAH). According to the agreement between the parties, the take-over price is not disclosed. The goal of the acquisition is to improve the Group's wholesale activities in Ukraine. The transaction has no substantial influence on the Silvano Fashion Group's financial results for 2012. Märt Meerits member of the board Silvano Fashion Group 00 372 6845 000 [email protected]