Market announcement

AS MERKO EHITUS

LEI code

529900AS1XLZP15O8887

Size of the entity

Large group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Other price sensitive information

Unique data record identifier

6220

Submission date and time

01.08.2017 17:00:00

Content of announcement in Estonian

Title

Osaluste omandamine Paekalda arendusega seotud ettevõtetes (Eesti)

Message

Tallinn, Eesti, 2017-08-01 16:00 CEST (GLOBE NEWSWIRE) --


31. juulil 2017 sõlmis AS Merko Ehitus lepingud Nordecon ASiga 50%lise osaluse
ja laenunõude omandamiseks ühisettevõttes Unigate OÜ ning 100%liste osaluste
omandamiseks ettevõtetes Paekalda 2 OÜ, Paekalda 3 OÜ, Paekalda 7 OÜ ja
Paekalda 9 OÜ. 

Ostutehingu hind kokku on ligikaudu 4,5 miljonit eurot. Pooled muid tehingu
tingimusi ei avalikusta. Tehing jõustub ostuhinna tasumisel hiljemalt 04.
augustil 2017. 

Osaluste omandamise eesmärk on lahendada Tallinnas asuvate Paekalda kinnistute
omandisuhe ning kindlustada Merko Ehitus kontserni korterite arenduse
pikaajalist strateegiat Eestis. Tallinnas Lasnamäe linnaosas looduskaunis
Maarjamäe paekaldal asuvad kinnistud on perspektiivikas elukondliku kinnisvara
arendusala. Arendus on pika-ajaline, mis toimub mitmes etapis ning kuhu saab
rajada kokku ligikaudu 1 500 korterit. 

Tehing ei ole käsitletav oluliste osaluste omandamisega NASDAQ Tallinna Börsi
reglemendi osa „Nõuded Emitentidele“ tähenduses. AS Merko Ehitus kinnitab, et
juhatuse ja nõukogu liikmed ei ole tehingust muul viisil isiklikult huvitatud. 

Lisainfo: AS Merko Ehitus juhatuse esimees Andres Trink, tel. +372 650 1250.



Merit Kullasepp
Kommunikatsiooni- ja turundusjuht
AS Merko Ehitus
Telefon: +372 650 1250
E-kiri: [email protected]



AS Merko Ehitus (group.merko.ee) kontserni kuuluvad Eesti juhtiv ehitusettevõte
AS Merko Ehitus Eesti, Läti turule keskendunud SIA Merks, Leedu turul tegutsev
UAB Merko Statyba, Norra ehitusettevõte Peritus Entreprenør AS ning kontserni
kinnisvaraarenduse äriüksus koos kinnisvara omavate äriühingutega. 2016. aasta
lõpu seisuga andis kontsern tööd 797 inimesele ning ettevõtte 2016. aasta
müügitulu oli 252 miljonit eurot.

Content of announcement in English

Title

Acquisition of shares in entities related to Paekalda development (Estonia)

Message

Tallinn, Estonia, 2017-08-01 16:00 CEST (GLOBE NEWSWIRE) --


On 31th July 2017, AS Merko Ehitus entered into an agreement with Nordecon AS
to acquire 50% shareholding and loan receivable in joint venture Unigate OÜ and
100% stakes in entities Paekalda 2 OÜ, Paekalda 3 OÜ, Paekalda 7 OÜ and
Paekalda 9 OÜ. 

The acquisition cost is approximately 4.5 million euros. The parties have
agreed not to disclose the other conditions of the transaction. The completion
of the transaction depends on the payment of transaction price latest by 4th
August 2017. 

The purpose of the acquisition is to resolve the ownership of Paekalda
development in Tallinn and to secure a long-term strategy for the development
of apartments in Merko Ehitus group in Estonia. Real estate located on the
beautiful Maarjamäe limestone cliff, in the Lasnamäe district of Tallinn, is a
promising development area for residential real estate. It is a long-term
development is several stages where in total approximately 1,500 apartments can
be built. 

The transaction is not to be treated as a significant acquisition for the
purposes of the “Requirements for Issuers” section of the NASDAQ Tallinn Stock
Market rules. AS Merko Ehitus confirms that management board and supervisory
board members are not in any way personally interested in the transaction. 

Additional information: AS Merko Ehitus, Chairman of the Management Board, Mr.
Andres Trink, tel. +372 650 1250. 



Merit Kullasepp
Communication and Marketing Manager
AS Merko Ehitus
Phone: +372 650 1250
E-mail: [email protected]



AS Merko Ehitus (group.merko.ee) group consists of Estonia’s leading
construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA
Merks, UAB Merko Statyba that is operating on the Lithuanian market,
construction company Peritus Entreprenør AS in Norway and the real estate
development business unit along with real estate holding companies. As at the
end of 2016, the group employed 797 people and the company’s 2016 revenue was
EUR 252 million.