The Annual General Meeting of Shareholders of Tallinna Kaubamaja AS was held on 28 March 2013 in the Conference centre of Nordic Hotel Forum, Viru väljak 3, Tallinn. 30,311,346 votes, i.e. 74.42% of the Company`s 40,729,200 votes were represented at the meeting.
The decisions of the General Meeting were as follows:
1. Approval of the annual report of Tallinna Kaubamaja AS for 2012
With 30,310,746, i.e. 100.00% votes in favour, to approve the annual report of Tallinna Kaubamaja AS for 2012, according to which the consolidated balance sheet of Tallinna Kaubamaja AS as at 31.12.2012 is 287,840 thousand euros, the sales revenue for the accounting year is 467,800 thousand euros and the net profit 20,870 thousand euros.
2. Profit distribution
With 30,310,746 i.e. 100.00% votes in favour, to approve the profit distribution proposal of 2012 of Tallinna Kaubamaja AS as follows:
| Retained profits of previous years | 47,196 thousand euros |
| Net profit of 2012 | 20,870 thousand euros |
| Total distributable profit as at 31.12.2012 | 68,066 thousand euros |
| To pay dividends 0.35 euros per share | 14,255 thousand euros |
| Retained profits after distribution of profits | 53,811 thousand euros |
The list of shareholders with a right to receive dividends shall be fixed as at 14 April 2013 at 23.59. Dividends shall be paid to the shareholders via transfer on 15 April 2013 to a bank account of a shareholder.
Raul Puusepp
Chairman of the Board
Phone +372 731 5000