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Avaldamise aeg 13 nov 2019 17:45:00 +0200
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Valuuta
Pealkiri AS Tallink Grupp establishes subsidiaries in Lithuania and Latvia
Tekst
OÜ  Tallink  Fast  Food,  a  wholly-owned  subsidiary  of  AS Tallink Grupp, has
registered  this week a wholly-owned subsidiary  in Lithuania - UAB Tallink Fast
Food  Lithuania -  which is  the group's  first subsidiary  in Lithuania,  and a
wholly-owned subsidiary in Latvia - SIA Tallink Fast Food Latvia. The purpose of
founding  the subsidiaries is operation of  Burger King restaurants in Lithuania
and Latvia.

Establishment  of the  subsidiaries will  not affect  the consolidated financial
results of the group. Establishment of the subsidiaries cannot be interpreted as
acquiring  of a major holding  for the purposes of  the Nasdaq Tallinn Rules and
Regulations  chapter Requirements  for Issuers  and does  not have a significant
impact  on the activities of the group. The members of the Supervisory Board and
Management  Board of  AS Tallink  Grupp have  no other  personal interest in the
transactions.


Joonas Joost
Advisor to the Management Board
Head of Investor Relations

AS Tallink Grupp
Sadama 5
10111 Tallinn, Estonia
E-mail joonas.joost@tallink.ee