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TKM: Merger of subsidiaries of Tallinna Kaubamaja AS

Spekuliantai.lt | 2013-05-20 | NASDAQ OMX biržų naujienos | perskaitė: 839
Raktiniai žodžiai: Tallinna Kaubamaja, TKM
TKM: Merger of subsidiaries of Tallinna Kaubamaja AS

Tallinna Kaubamaja Company Announcement 20.05.2013

Merger of subsidiaries of Tallinna Kaubamaja AS

Tallinna Kaubamaja AS published the Stock Exchange announcement on 12 March
2013, which stated that with the intention of improving the structure and
making the administration of the group more transparent, the shoe businesses of
the group shall be merged. According to the above mentioned Stock Exchange
announcement, AS ABC King (acquiring company) shall merge into itself AS Tartu
Kaubamaja and OÜ Suurtüki NK (companies being acquired). In connection to the
merger, the business name of AS ABC King was also planned to be changed.

On 17 May 2013 the Commercial Register registered the merger of AS ABC King, AS
Tartu Kaubamaja and OÜ Suurtüki NK. In connection to registration of the
merger, AS Tartu Kaubamaja and OÜ Suurtüki NK were deleted from the Commercial
Register. The business name of AS ABC King is as of 17 May 2013 AS TKM King.

According to the merger agreement signed on 12 March 2013 the legal successor
of AS Tartu Kaubamaja and OÜ Suurtüki NK is AS TKM King. By registration of the
merger, all assets of AS Tartu Kaubamaja and OÜ Suurtüki NK were given over to
AS TKM King. The merger resolutions were adopted on 12 April 2013. The share
capital of the acquiring company does not change.


Raul Puusepp
Chairman of the board
Tel +372 731 5000

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