Market announcement
Nordecon AS
LEI code
48510000D8HSLK854I81
Size of the entity
Large group
Economic activities
Construction
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
6991
Submission date and time
30.11.2018 17:00:00
Content of announcement in Estonian
Title
Teave osaluse omandamise kohta äriühingus
Message
Nordecon AS nõukogu on teinud 30.11.2018 otsuse omandada AS'ile Luksusjaht kuuluv 40%'line osalus SWENCN OÜ's 42 000 Nordecon AS'i oma aktsia eest. Tehingu väärtus on 41 034 eurot arvestusega, et Nordecon AS oma aktsia väljalaskehind on 0,977 eurot aktsia kohta. Tehingu tulemusena saab Nordecon AS'ist SWENCN OÜ 100% osanik. SWENCN OÜ omab 100% Nordeconi kontserni kuuluva Rootsis registreeritud ja tegutseva ehituse peatöövõtu ettevõtte SWENCN AB aktsiatest. Tehingu eesmärk on täisosaluse omandamine Nordecon ASi jaoks olulisel välisturul tegutsevas tütarettevõttes. Tehingujärgselt nimetatakse SWENCN AB uueks juhatuse liikmeks Gerd Müller ja asendusliikmeks Maret Tambek ning SWENCN AB juhatus jätkab koosseisseisus Priit Luman (liige), Gerd Müller (liige) ja Maret Tambek (asendusliige). Uute juhatuse liikmete ametisse nimetamisega lõppevad seniste juhatuse liikmete Sven Lennart Alpståli ja Pär Oskar Wilhelm Lundebergi volitused. SWENCN OÜ 40% osaluse omandamine ja muudatused SWENCN AB juhatuse kooseisus on plaanitud teostada 2018. aasta detsembrikuu jooksul. Osaluse omandamise näol ei ole tegemist olulise osaluse omandamisega NASDAQ Tallinna Börsi reglemendi osa ?Nõuded Emitentidele" tähenduses. Osaluse omandamiseks tehtud tehing on samas käsitletav tehinguna seotud isikute vahel, kuna AS Luksusjaht omab enne tehingut 4 167 385 aktsia ehk 12,872% suurust osalust Nordecon AS'is. Tehingujärgselt omab AS Luksusjaht 4 209 385 Nordecon AS aktsiat. Nordecon AS'i nõukogu ja juhatuse liikmed ei ole tehingust muul viisil isiklikult huvitatud. Tehing ei oma mõju Nordecon AS'i varadele ja kohustustele, kuna SWENCN OÜ ja tema tütarettevõtte SWENCN AB varad ja kohustused on ka seni konsolideeritud Nordecon AS'i kui tütarettevõtted. Tehing hakkab alates 01.12.2018 avaldama mõju Nordecon AS'i emaettevõtja aktsionäridele kuuluvale kasumiosale, millesse hakatakse SWENCN OÜ ja SWENCN AB kasumit arvestama 100%'list osalust arvestades senise 60%'lise osaluse asemel. Nordeconi kontsern (www.nordecon.com) hõlmab ettevõtteid, mis on keskendunud hoonete ja rajatiste ehitamise projektijuhtimisele ja peatöövõtule. Geograafiliselt tegutsevad kontserni ettevõtted Eestis, Ukrainas, Soomes ja Rootsis. Kontserni emaettevõte Nordecon AS on registreeritud ja asub Tallinnas, Eestis. Kontserni 2017. aasta konsolideeritud müügitulu oli 231 miljonit eurot. Nordeconi kontsern annab hetkel tööd ligi 700 inimesele. Alates 18.05.2006 on emaettevõtte aktsiad noteeritud NASDAQ Tallinna Börsi põhinimekirjas. Andri Hõbemägi Nordecon AS Investorsuhete juht Tel: +372 6272 022 Email: [email protected] (mailto:[email protected]) www.nordecon.com (http://www.nordecon.com)
Content of announcement in English
Title
Information on the acquisition of holding
Message
On 30 November 2018 the supervisory board of Nordecon AS made the decision to acquire the 40% shareholding in its subsidiary SWENCN OÜ from AS Luksusjaht for 42,000 own shares. The value of the transaction is 41,034 euros considering the emission value of Nordecon AS own shares of 0.977 euros per share. As the result of the transaction, Nordecon AS owns a 100% shareholding in SWENCN OÜ. SWENCN OÜ itself owns 100% of SWENCN AB, a company registered and operating in Sweden as general contractor. The aim of the transaction is to obtain a full ownership in a subsidiary operating in one of the main foreign markets of Nordecon AS. After the transaction, Gerd Müller will be appointed as a new management board member and Maret Tambek as an alternate member of the board of SWENCN AB. SWENCN AB will continue with the following board memberships: Priit Luman (member), Gerd Müller (member) and Maret Tambek (alternate member). The term of office of current members of the board Sven Lennart Alpstål and Pär Oskar Wilhelm Lundeberg thereby expires. The acquisition of 40% ownership in SWENCN OÜ and changes in management board will be completed in December 2018. The acquisition of holding does not constitute the significant acquisition or transfer of holdings in the meaning of the Requirements for Issuers of NASDAQ Tallinn Stock Exchange Rules. The transaction made to acquire holding does however constitute related party transaction for the purposes of the Requirements for Issuers, as AS Luksusjaht owns pre-transaction 4,167,385 shares constituting 12.872% ownership of Nordecon AS. Post-transaction AS Luksusjaht will own 4,209,385 shares of Nordecon AS. The members of the supervisory board and the members of the management board do not have personal interest in the transactions. Transaction does not have the effect on assets and liabilities of Nordecon AS as the assets and liabilities of SWENCN OÜ and its subsidiary SWENCN AB have been consolidated into Nordecon AS as subsidiaries also pre-transaction. The transaction will have the effect on Nordecon AS profit attributable to the owners of the parent starting from 01 December 2018, starting from which 100% of the profit of SWENCN OÜ and SWENCN AB will be accounted for instead of 60% based on pre-transaction ownership. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Ukraine, Finland and Sweden. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2017 was 231 million euros. Currently Nordecon Group employs close to 700 people. Since 18 May 2006 the company's shares have been quoted in the main list of the NASDAQ Tallinn Stock Exchange. Andri Hõbemägi Nordecon AS Head of Investor Relations Tel: +372 6272 022 Email: [email protected] (mailto:[email protected]) (mailto:[email protected])www.nordecon.com (http://www.nordecon.com)