Both the list of AS Tallink Grupp's shareholders entitled to the dividend and
the list of the shareholders entitled to receive the payments arising from the
reduction of the book values of the shares shall be fixed as at 20.06.2019 at
the end of the working day of the settlement system.
Proceeding from the above, the ex-date is 19.06.2019. From that date the new
owner of the shares (ISIN: EE3100004466) or Finnish Depository Receipts (?FDR"s;
ISIN FI4000349378) is not entitled to receive dividends for the year 2018 and to
receive the payments arising from the reduction of the book values of the shares
decided at the 23.05.2019 shareholders' general meeting.
In relation to the ex-date there will be no conversion of shares and FDRs during
18-20.06.2019 (restricted period). Conversions of the securities after the ex-
date will be allowed again from 21.06.2019. All possible pending trades, i.e.
instructed but not completed prior to the beginning of the restricted period,
must be reinstructed on the ex-date terms.
AS Tallink Grupp will pay a dividend of 33,494,102.00 euros (0.05 euros per
share) on 3.07.2019.
The Annual General Meeting of 23 May 2019 resolved to reduce the share capital
of AS Tallink Grupp by reducing the book value of the shares. In connection with
the reduction of the share capital, the monetary payments in the total amount of
46,891,742.80 euros (0.07 euros per share) will be made to the shareholders. The
procedures prior to the payment of the reduction of the share capital according
to the Commercial Code are as follows:
1) notiification of creditors of the resolution on the reduction of the share
capital and publication of the notice in an official online publication of the
Republic of Estonia (Ametlikud Teadaanded) on 30 May 2019;
2) submission of application for entry of the reduction of the share capital
into the commercial register not earlier than three months after the publication
of the notice to creditors;
3) share capital reduction payments to shareholders can be made no earlier than
three months after entry of the reduction of the share capital into the
commercial register.
Based on the information above and the estimated time of the proceedings at the
Commercial Registry, the payments to the shareholders in total amount of
46,891,742.80 euros (0.07 euros per share) are expected to be paid in December
2019. A stock exchange announcement will be made when the exact time of payment
has been clarified.
Joonas Joost
Advisor to the Management Board
Head of Investor Relations
AS Tallink Grupp
Sadama 5/7
10111 Tallinn, Estonia
E-mail joonas.joost@tallink.ee
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