Market announcement
TKM Grupp AS
LEI code
529900785KF1K0EEW940
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
5805
Submission date and time
21.11.2016 16:00:00
Content of announcement in Estonian
Title
Tütarettevõtja asutamine
Message
Eesmärgiga arendada Tallinna Kaubamaja Grupi autoäri Leedus asutab kontsern uue
tütarühingu. Tallinna Kaubamaja Grupp AS 100%-line tütarettevõtja Tallinna
Kaubamaja Kinnisvara AS asutab Leedu Vabariigis 100%-lise tütarettevõtja
ärinimega UAB TKM Lietuva, mille tegevusvaldkonnaks saab olema kinnisvara
arendus. Asutatava tütarühingu tegevdirektoriks saab Tallinna Kaubamaja
Kinnisvara AS juhatuse liige Peeter Kütt, kes omab pikaajalist kinnisvara
arendamise alast töökogemust ning kes on olnud Tallinna Kaubamaja Kinnisvara AS
juhatuse liige alates 2002. aastast. Asutatava tütarühingu nõukogu liikmeteks
saavad Enn Kunila, Jüri Käo, Andres Järving ja Raul Puusepp.
Tütarühingu loomine ei oma mõju kontserni konsolideeritud majandustulemusele.
Tütarühingu loomine ei ole käsitletav olulise osaluse omandamisena NASDAQ OMX
Tallinna Börsi reglemendi osa "Nõuded Emitentidele" tähenduses ega avalda
olulist mõju Tallinna Kaubamaja Grupp AS kontserni tegevusele. Tallinna
Kaubamaja Grupp AS nõukogu ja juhatuse liikmed ei ole tehingust muul viisil
isiklikult huvitatud.
Raul Puusepp
Juhatuse esimees
Tel 731 5000
Content of announcement in English
Title
Founding a subsidiary
Message
Tallinna Kaubamaja Group is founding a new subsidiary with the aim to develop
the group’s automotive business in Lithuania. Tallinna Kaubamaja Kinnisvara AS,
a 100% subsidiary of Tallinna Kaubamaja Group AS, is founding a 100% subsidiary
with the business name UAB TKM Lietuva in the Republic of Lithuania. The area
of activity of the new subsidiary will be property development. The CEO of the
subsidiary to be founded will be Peeter Kütt, Board Member of Tallinna
Kaubamaja Kinnisvara AS, who has long property development-related experience
and has been serving as an Executive Board Member of Tallinna Kaubamaja
Kinnisvara AS since 2002. The members of the Board of Directors of the
subsidiary to be founded will be Enn Kunila, Jüri Käo, Andres Järving and Raul
Puusepp.
Founding the subsidiary will not affect the consolidated financial results of
the group. Founding the subsidiary cannot be interpreted as acquiring of a
major holding for the purposes of the NASDAQ OMX Tallinn Rules and Regulations
chapter Requirements for Issuers and will not have a significant impact on the
activities of Tallinna Kaubamaja Grupp AS. The members of the Board of
Directors and Executive Board of Tallinna Kaubamaja Grupp AS have no other
personal interest in the transaction.
Raul Puusepp
Chairman of the Board
Phone +372 731 5000