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 corporate action
Unique data record identifier
6856
Submission date and time
30.08.2018 16:00:00
Content of announcement in Estonian
Title
Selver Latvia SIA likvideerimine
Message
Tallinna Kaubamaja Grupp AS avaldas 08.10.2009 börsiteate, milles teavitas, et külmutab Läti jaekaubandusturul opereerimiseks loodud tütarettevõtte Selver Latvia SIA tegevuse. Tegevuse külmutamise tingis toonane Läti majanduskeskkonna järsk halvenemine ja asjaolu, et tulemused ei vastanud ootustele. 2010. aasta alguseks suleti kõik kuus Lätis tegutsenud kauplust. Kaupluste sulgemise järgselt ei ole Selver Latvia SIA-s äritegevust toimunud. Tänaseks on otsustatud äritegevust Lätis supermarketite segmendis mitte taasalustada ja juba kaheksa aastat mittetegutsev äriühing lõpetada. Eelnevale tuginedes andis Selver AS nõukogu täna nõusoleku Selver Latvia SIA likvideerimiseks ja Läti Vabariigi äriregistrist kustutamiseks. Alustatud on likvideerimise protsessi ettevalmistamisega. Esimese sammuna likvideerimise protsessis tõstetakse Selver Latvia SIA aktsiakapitali võimaldamaks emaettevõtjale laenu tagasi maksmist. Peale kavandatavat aktsiakapitali suurendamist saab Selver Latvia SIA aktsiakapital olema EUR 284 852, mis koosneb 2006 aktsiast, neist igaüks nimiväärtusega EUR 142. Peale Selver Latvia SIA aktsiakapitali suurendamise kandmist Läti Vabariigi äriregistrisse, võtab Selver AS ainuaktsionärina vastu otsuse Selver Latvia SIA lõpetamiseks. Selver Latvia SIA likvideerijaks määratakse senine juhatuse liige Kristi Lomp, kes on ühtlasi Selver AS juhatuse liige. Võttes arvesse, et Selver Latvia SIA-s ei ole alates 2010. aastast äritegevust toimunud, ei oma likvideerimine mõju Tallinna Kaubamaja Grupp AS tegevusele. Tallinna Kaubamaja Grupp AS jätkab tegevust Läti Vabariigis autokaubanduse segmendis tütarettevõtetes Forum Auto SIA ja Verte Auto SIA, mis tegelevad sõiduautode jaemüügiga. Samuti jätkab Läti Vabariigis tegevust Tallinna Kaubamaja Grupp AS tütarettevõte SIA TKM Latvija, mis tegeleb grupi omanduses oleva ja Lätis asuva kinnisvara haldamise, hooldamise ja kaubanduspindade välja üürimisega. Selver Latvia SIA lõpetamine ei ole käsitletav tehinguna seotud isikuga Nasdaq Tallinna börsi reglemendi tähenduses. Tallinna Kaubamaja Grupp AS nõukogu ja juhatuse liikmed ei ole vastavast tehingust muul viisil isiklikult huvitatud. Tallinna Kaubamaja Grupp AS informeerib börsi tütarettevõtja Selver Latvia SIA registrist kustutamisest ja vajadusel muudest olulistest sammudest börsi reglemendis sätestatud korras. Raul Puusepp Juhatuse esimees Tel 731 5000
Content of announcement in English
Title
Liquidation of Selver Latvia SIA
Message
On 8 October 2009, Tallinna Kaubamaja Grupp AS published a stock exchange announcement, in which they announced that they would freeze the activities of Selver Latvia SIA, a subsidiary established for operating on the Latvian retail market. The freezing of activities was brought on by the sudden decline of the Latvian economic environment at the time as well as the fact that the results did not meet the expectations. By the beginning of 2010, all six stores operating in Latvia were closed. After the closing, no business activities have taken place at Selver Latvia SIA. It has now been decided not to restart business activities in the supermarket segment in Latvia, and the company, which has been non-operational for eight years, will be dissolved. Today, based on the above information, the supervisory board of Selver AS approved the liquidation of Selver Latvia SIA and the deletion thereof from the Register of Enterprises of the Republic of Latvia. The preparations for the liquidation process have been initiated. As the first step in this process, the share capital of Selver Latvia SIA will be increased to allow repaying the loan to the parent company. After the planned increase, the share capital of Selver Latvia SIA will be 284,852 euros, consisting of 2,006 shares with a nominal value of 142 euros. After the increase of share capital is entered into the Register of Enterprises of the Republic of Latvia, Selver AS as the sole shareholder will adopt the decision of dissolving Selver Latvia SIA. Kristi Lomp, current member of the management board of Selver Latvia SIA as well as Selver AS, will be appointed as the liquidator of Selver Latvia SIA. Considering that no business activity has taken place at Selver Latvia SIA since 2010, the liquidation will have no effect on the activities of Tallinna Kaubamaja Grupp AS. Tallinna Kaubamaja Grupp AS will continue its activities in the Republic of Latvia in the car trade segment through subsidiaries, Forum Auto SIA and Verte Auto SIA, which operate in retail sales of cars. SIA TKM Latvija, a subsidiary of Tallinna Kaubamaja Grupp AS that manages and maintains the real estate and leases the retail spaces owned by the group and located in Latvia, will also continue operations in Latvia. The dissolution of Selver Latvia SIA is not considered a transaction with connected persons in accordance with the Rules and Regulations of Nasdaq Tallinn. Members of the supervisory board and the management board of Tallinna Kaubamaja Grupp AS have no personal interest in this transaction. Tallinna Kaubamaja Grupp AS informs the stock exchange about the deletion of their subsidiary, Selver Latvia SIA, from the commercial registry as well as about other important steps pursuant to the procedure provided for in the rules and regulations of the stock exchange as needed. Raul Puusepp Chairman of the Management Board Tel +372 731 5000