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

7961

Submission date and time

27.04.2020 16:45:00

Content of announcement in Estonian

Title

ABC Supermarkets AS-i aktsiate omandamine

Message

Täna,  27.04.2020 sõlmis Tallinna  Kaubamaja Grupp  AS-i tütarettevõte Selver AS
lepingu, millega omandab 100% ABC Supermarkets AS-i aktsiatest. Leping näeb ette
tehingu  lõpuleviimise pärast vajalike kooskõlastuste saamist Konkurentsiametilt
ja   täiendavate   toimingute  läbi  viimist.  ABC  Supermarkets  AS-i  aktsiate
nimiväärtuseks  on 984 239 EUR  (see koosneb  984 239 aktsiast nimiväärtusega 1
EUR).

Tallinna   Kaubamaja  Grupp  AS-i  üheks  strateegiliseks  eesmärgiks  on  olnud
järjepidevalt   laieneda   grupi   jaoks   olulises  supermarketite  äritegevuse
segmendis.  Tallinna  Kaubamaja  Grupp  AS-i  tütarettevõte  Selver AS on Eestis
tegutsev  super-  ja  hüpermarketite  kett,  mis  kaupleb  peamiselt  toidu-  ja
esmatarbekaupadega.  Selveri  kaupluseketile  pandi  alus 1995. aastal. Tänaseks
kuulub  ketti 53 kauplust, neist 22 Tallinna  erinevates piirkondades ning Eesti
suurima  teeninduspiirkonnaga e-pood. Tehinguga lisanduvad 16 Comarketi kauplust
Harju-, Pärnu- ja Tartumaal, 2 Delice toidupoodi Viimsis ja Pärnus ning Solarise
toidupood.  ABC  Supermarkets  AS-i  kauplused  jätkavad  esialgu  oma  nime  ja
kaubamärgi   all  Selver  AS-i  100% tütarettevõtetena.  ABC  Supermarkets  AS-i
aktsiate  omandamine  tagab  unikaalse  võimaluse  paremini täita meie klientide
ootusi, pakkudes klientidele veelgi kiiremat ja mugavamat poeskäiku lisanduvates
seni katmata asukohtades.

ABC  Supermarkets  AS-i  ainuaktsionär  ABC  Grupi  AS  on  üks  suurimaid Eesti
kapitalil  põhinevaid ettevõtete  gruppe, mis  tegeleb kolme  põhitegevusalaga -
toidu-  ja  tarbekaupade  jaekaubandus,  autode  müük  ja hooldus ning toidu- ja
tarbekaupade  hulgimüük. Tehing ei hõlma ABC  Grupi AS-i omanduses olevaid teisi
ettevõtteid peale ABC Supermarkets AS-i.

Tehing  ei  ole  käsitletav  olulise  osaluse  omandamisena ega tehinguna seotud
isikuga  NASDAQ Tallinna  Börsi reglemendi  osa "Nõuded Emitentidele" tähenduses
ega  avalda olulist mõju Tallinna Kaubamaja Grupi tegevusele. Tallinna Kaubamaja
Grupp AS-i nõukogu ja juhatuse liikmed ei ole tehingutest muul viisil isiklikult
huvitatud.

Raul Puusepp
Juhatuse esimees
Tel 731 5000

Content of announcement in English

Title

Acquisition of the Shares of ABC Supermarkets AS

Message

Today,  on April 27(th) 2020, Selver AS a subsidiary of Tallinna Kaubamaja Grupp
AS,  has  entered  into  an  agreement  to  acquire  100% of  the  shares of ABC
Supermarkets  AS.  The  transaction  shall  be  completed  after  obtaining  the
necessary  permissions  from  the  Competition  Authority  and  performing other
additional procedures. The nominal value of the shares of ABC Supermarkets AS is
984,239 euros (it consists of 984,239 shares with the nominal value of 1 euro).

The  strategic aim of  Tallinna Kaubamaja Grupp  AS has been  to expand and grow
within  the field of supermarkets,  which has consistently been  one of the most
important  business segments of  the group. Selver  AS, a subsidiary of Tallinna
Kaubamaja  Grupp  AS,  is  an  Estonian  based chain of super- and hypermarkets,
selling  mainly  groceries  and  basic  consumer  goods.  The  chain  of  Selver
supermarkets  was established in 1995 and as of  today the chain consists of 53
shops,  out of  which 22 are  located in  different regions  of Tallinn,  and an
online  store E-Selver with the largest service area in Estonia. The transaction
shall  add 16 Comarket shops in Harju, Pärnu and Tartu County, 2 Delice shops in
Viimsi  and the city of Pärnu and a Solaris shop in Tallinn to the Selver chain.
The  abovementioned  shops  of  ABC  Supermarkets  AS  will initially proceed to
operate  under their existing name and  brand as 100% subsidiaries of Selver AS.
Acquiring  the shares of ABC Supermarkets AS shall give us unique opportunity to
meet our clients´ expectations by offering more convenient and quicker purchases
in new locations where we are not yet present.

ABC  Grupi AS  as the  sole shareholder  of ABC  Supermarkets AS  is one  of the
largest  Estonian capital  based group  of companies,  which is engaged in three
main  areas  of  activity  -  retail  sale  of food and consumer goods, sale and
maintenance  of cars and  wholesale of food  and consumer goods. The transaction
does not conclude other companies of ABC Grupi AS besides ABC Supermarkets AS.

The  transaction is not considered as a  significant acquisition of shares nor a
transaction  with  persons  connected  to  the  issuer within the meaning of the
section  "Issuer Requirements"  of the  rules and  regulations of NASDAQ Tallinn
Stock  Exchange and  does not  have a  significant impact  on the  operations of
Tallinna Kaubamaja Grupp AS. The members of the supervisory board and management
board  of  Tallinna  Kaubamaja  Grupp  AS  are  not  personally  or in other way
interested in the transaction.

Raul Puusepp

Chairman of the Management Board
Tel 731 5000