Tallinna Kaubamaja GROUP

In the third quarter of 2021, the consolidated unaudited sales revenue of the Group was 206.2 million euros, which was 6.2% more than the sales revenue of the same period in 2020. The sales revenue in the nine months was 604.1 million euros, which was an 11.7% increase in comparison with the result of the first nine months of 2020, when the sales revenue was 540.7 million euros. In the third quarter of 2021, the Group’s unaudited consolidated net profit was 12.6 million euros, which was 69.1% hi

TKM King AS, subsidiary of Tallinna Kaubamaja Group, will gradually close its ABC KING and SHU physical stores that are specialised in footwear sales during 2022. The Group will continue footwear sales through e-channels, in Kaubamaja and in larger Selver stores. At present, there are no plans to sell shares of TKM King AS, termination of the company neither change the composition of the management board. The closure decision does not have significant impact on the Group’s financial results.

As of the interim reports for the second quarter and the first six months of 2021, the Group has decided to make a change in the structure of the reporting of operating segments. A new security segment has been brought out and the former footwear segment is added to the segment of department stores. The respective comparative data is adjusted retrospectively. In the second quarter of 2021, the consolidated unaudited sales revenue of the Group was 207.2 million euros, which was 21.2% more than

The Supervisory Boards of the subsidiaries of Kaubamaja AS, TKM Auto OÜ, Aktsiaselts VIKING MOTORS and Kulinaaria OÜ have resolved to prolong the authorities of members of the Management Board. As per resolution of the Supervisory Board of Kaubamaja AS, Erkki Laugus shall continue as member of the Management Board and his term of authorities was prolonged for another 3-year term until 15 June 2024. As per resolutions of the Supervisory Boards of TKM Auto OÜ and Aktsiaselts VIKING MOTORS, Jüri Ku

In the first quarter of 2021, the consolidated unaudited sales revenue of Tallinna Kaubamaja Grupp was 190.8 million euros. Compared to the first quarter of 2020, when comparable sales revenue was 175.5 million euros, the increase was 8.7%. The net loss for the reporting period was 2.2 million euros, which increased by 0.4 million euros compared to the first quarter of 2020. The pre-tax profit was 2.2 million euros, which was 1.9 million euros less than a year earlier.

Tallinna Kaubamaja Grupp AS (trading code TKM1T, ISIN code EE0000001105) will close the list of shareholders for dividend payment on 6 April 2021 at the end of the working day of the Nasdaq CSD Estonian Settlement System. Proceeding from the above, the ex-date is 1 April 2021. From that date the new owner of the shares is not entitled to dividends for the year 2020. Tallinna Kaubamaja Grupp AS will pay dividend 0.60 euros per share on 9 April 2021.

The Annual General Meeting of Shareholders of Tallinna Kaubamaja Grupp AS was held on 19 March 2021 at the Radisson Blu Hotel Olümpia Conference Centre at Liivalaia 33, Tallinn. 29,541,042 votes, i.e. 72.53% of the Company`s 40,729,200 votes were represented at the meeting and 54 shareholders were represented at the meeting.

The Management Board of Tallinna Kaubamaja Grupp AS (registry code 10223439, location Kaubamaja 1, 10143, Tallinn) convened the annual general meeting of shareholders on 22 February 2021 to take place on 19 March 2021 at 11 a.m. at the Radisson Blu Hotel Olümpia Conference Centre at Liivalaia 33 Tallinn. The annual general meeting is not a public meeting or a public event as stipulated in the orders issued by the Government of the Republic of Estonia, the organising of which is prohibited; there

The Supervisory Board of Tallinna Kaubamaja Grupp AS approved today, on 22 February 2021 the annual report and profit allocation proposal for the year 2020 of Tallinna Kaubamaja Grupp AS. The Supervisory Board decided to present the annual report and profit allocation proposal as prepared by the management for the approval of the general meeting of shareholders. The revenues and profits remained unchanged compared to the preliminary disclosure on 21 January 2021.

The Management Board of Tallinna Kaubamaja Grupp AS (registry code 10223439, location Kaubamaja 1, 10143, Tallinn) convenes the annual general meeting of shareholders on 19 March 2021 at 11 a.m. in Tallinn, at the Radisson Blu Hotel Olümpia Conference Centre at Liivalaia 33.