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 corporate action

Unique data record identifier

7711

Submission date and time

15.01.2020 12:46:13

Content of announcement in Estonian

Title

Kommentaar meedias ilmunud infole (SIA Merks kinnisvara arendusplaanid)

Message

Täna, 15. jaanuaril 2020 on meedias ilmunud info AS Merko Ehitus kontserni
kuuluva Läti tütarettevõtte SIA Merksi plaanidest, mis puudutavad
kinnisvaraarendusi Riias (BNS: ?Merko Läti tütar investeerib
kinnisvaraprojektidesse 260 miljonit
(http://www.bns.ee/topic/778/news/61003523/)", Postimees: ?Merko investeerib
Riia saartele veerand miljardit (https://majandus24.postimees.ee/6872924/merko-
investeerib-riia-saartele-veerand-miljardit)", Latvijas Sabiedriskie Mediji:
?Merks planeerib Zakusala ja Lucavsala arendustesse investeerida enam kui 260
miljonit eurot" (originaal: ?«Merks» pl?no Za?usalas un Lucavsalas att?st?b?
ieguld?t vair?k nek? 260 miljonus eiro
(https://www.lsm.lv/raksts/zinas/ekonomika/merks-plano-zakusalas-un-lucavsalas-
attistiba-ieguldit-vairak-neka-260-miljonus-eiro.a344836/)")).

Selgitame, et artiklites toodud arendus- ning investeerimismahud on esialgsed ja
hinnangulised ning võivad ajas muutuda. Merko Ehitus annab arenduste tegelikest
mahtudest ning ajakavast teada börsiteadete vahendusel, kui vastavad otsused on
langetatud ning arendustöödega alustatakse.

Priit Roosimägi
Finantsüksuse juht
AS Merko Ehitus
Telefon: +372 650 1250
E-post: [email protected] (mailto:[email protected])

AS Merko Ehitus (group.merko.ee (https://group.merko.ee/)) kontserni kuuluvad
Eesti juhtiv ehitusettevõte AS Merko Ehitus Eesti, Läti turule keskendunud SIA
Merks, Leedu turul tegutsev UAB Merko Statyba ning Norra ehitusettevõte Peritus
Entreprenør AS. Peatöövõtjana ehitusteenuse osutamise kõrval on kontserni
teiseks oluliseks tegevusvaldkonnaks korteriarendus. 2018. aasta lõpu seisuga
andis kontsern tööd 764 inimesele ning ettevõtte 2018. aasta müügitulu oli 418
miljonit eurot.

Content of announcement in English

Title

Commentary on information published in media (SIA Merks real estate development plans)

Message

Today, on 15 January 2020, information has been published in the media
concerning the plans of SIA Merks, part of AS Merko Ehitus group, on real estate
developments in Riga (BNS: "Merko's Latvian subsidiary invests 260 million in
real estate projects" (original: ?Merko Läti tütar investeerib
kinnisvaraprojektidesse 260 miljonit
(http://www.bns.ee/topic/778/news/61003523/)"), Postimees: "Merko invests
quarter of a billion on Riga islands" (original: ?Merko investeerib Riia
saartele veerand miljardit (https://majandus24.postimees.ee/6872924/merko-
investeerib-riia-saartele-veerand-miljardit)"), Latvijas Sabiedriskie Mediji:
"Merks plans to invest more than 260 million euros to Zakusala and Lucavsala
developments" (original: ?«Merks» pl?no Za?usalas un Lucavsalas att?st?b?
ieguld?t vair?k nek? 260 miljonus eiro
(https://www.lsm.lv/raksts/zinas/ekonomika/merks-plano-zakusalas-un-lucavsalas-
attistiba-ieguldit-vairak-neka-260-miljonus-eiro.a344836/)")).

We emphasise that the development and investment volumes mentioned in these
articles are preliminary estimations and subject to change. Merko Ehitus issues
stock exchange announcements about the actual volumes of the developments and
their timeframes as the respective decisions have been made and the development
works are started.

Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
[email protected] (mailto:[email protected])

AS Merko Ehitus (group.merko.ee (https://group.merko.ee/en/)) group consists of
Estonia's leading construction company AS Merko Ehitus Eesti, the Latvian-
market-oriented SIA Merks, UAB Merko Statyba operating on the Lithuanian market,
and the Norwegian construction company Peritus Entreprenør AS. Besides provision
of construction service as a main contractor, the group's other major area of
activity is apartment development. As at the end of 2018, the group employed
764 people, and the group's revenue for 2018 was EUR 418 million.