In accordance with AS Tallink Grupp's (Company) dividend policy (if the economic
performance enables it, dividends would be paid in the minimum amount of 5 cents
per share), due to a deteriorated operating environment and considering the
Company's long-term interests, the Management Board has decided to propose to
the Supervisory Board not to pay dividends from the 2019 financial year net
profits. The decision overrules the previous decision to propose a dividend of
EUR 0.06 per share.
The Company's Management Board is actively focused on managing costs and cash
flows to ensure it is ready to resume regular operations as quickly as possible
after the crisis.
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
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