Market announcement
AS BALTIKA
LEI code
48510000I3W254YEMG75
General information
Categories
Other price sensitive information
Unique data record identifier
4858
Submission date and time
20.02.2015 13:42:02
Content of announcement in Estonian
Title
AS Baltika tütarettevõtjate ühinemine
Message
AS Baltika 100% osalusega tütarettevõtjad OÜ Baltika TP ja OÜ Baltika Retail ühinevad. 20. veebruaril 2015. aastal sõlmisid OÜ Baltika TP ja OÜ Baltika Retail ühinemislepingu, mille kohaselt OÜ Baltika Retail on ühendavaks ja OÜ Baltika TP on ühendatavaks ühinguks. Ühinemislepingu kohaselt läheb OÜ Baltika TP kogu vara (õigused ja kohustused) üle OÜ-le Baltika Retail. OÜ Baltika TP kui ühendatav ühing loetakse äriseadustiku § 403 lg 2 kohaselt lõppenuks ühinemise kandmisega äriregistrisse. OÜ Baltika TP on AS Baltika tütarettevõtja, mis kuni Veerenni 24, Tallinn kinnistu müügini 31. juulil 2012 tegeles kinnisvara haldamisega. Sellest perioodist alates ei ole OÜ Baltika TP’s aktiivset majandustegevust toimunud ning ühendamise eesmärgiks on OÜ Baltika TP administratiivjuhtimisega seotud kulude minimeerimine. Kavandatav ühinemine on kontserni sisene ning selle käigus ei muutu Baltika Grupi varade, õiguste ja kohustuste maht, sisu ja olemus. Samuti ei avalda ühinemine majanduslikku mõju kontserni teistele tütarettevõtjatele. Ühinemislepingu osapooled on Tallinna Börsi reglemendi mõistes seotud isikud. AS Baltika nõukogu ja juhatuse liikmed ei ole tehingust isiklikult huvitatud. Meelis Milder Juhatuse esimees [email protected]
Content of announcement in English
Title
Merger of subsidiaries of AS Baltika
Message
100% owned subsidiaries of AS Baltika OÜ Baltika TP and OÜ Baltika Retail are merging. On 20 February 2015, OÜ Baltika TP and OÜ Baltika Retail executed a merger agreement according to which OÜ Baltika Retail is the acquiring company and OÜ Baltika TP the company being merged. Pursuant to the merger agreement OÜ Baltika TP transfers all its assets (rights and obligations) to OÜ Baltika Retail. OÜ Baltika TP as the company being merged is considered to be ended in accordance with Section 403(2) of the Commercial Code upon registration of the merger in the Commercial Registry. OÜ Baltika TP is subsidiary of AS Baltika that operated real estate until the sale of Tallinn, Veerenni 24 office building and land on 31 July 2012. Since then the entity has been dormant. The goal of the merger is to minimise the administrative management costs of the company being acquired. Proposed merger is within the Group and therefore results in no changes to the Baltika Group assets, rights and obligations amount, content and nature. The merger will have no economic effect on the other subsidiaries of the Group. The parties to the merger agreement are considered as related parties under the rules and regulations of the Tallinn Stock Exchange. The members of the Supervisory and Management Board of AS Baltika do not have any personal interest in the transaction. Meelis Milder Chairman of the Management Board [email protected]