Market announcement
AS Tallink Grupp
LEI code
529900QRMWAKKR3L9W75
Size of the entity
Large group
Economic activities
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles, Transportation and Storage, Accommodation and Food Service Activities, Administrative and Support Service Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
1952
Attachments
Submission date and time
24.11.2008 17:52:05
Content of announcement in Estonian
Title
Tallink alustab hotelli opereerimist Riias 2010
Message
AS-i Tallink Grupp tütarettevõte OÜ TLG Hotell on sõlminud eelkokkuleppe Läti ettevõttega SIA Happy Trails, mille kohaselt alustab OÜ TLG Hotell 2010. a. hotelli opereerimist Riias. Uus, 250-toaline hotellihoone Riia kesklinnas valmib SIA Happy Trails tellimusel 2010. aastal. Hoone täpsed renditingimused määratakse rendilepingus, mis sõlmitakse enne opereerimise alustamist. AS Tallink Grupp ei investeeri uue hotellihoone ehitusse. AS-i Tallink Grupp konsolideeritud majandustulemustele nimetatud tehing olulist mõju ei avalda. Käesolev tehing on Börsi reglemendi kohaselt tehing seotud osapoolega. SIA Happy Trails 100%-line osanik on AS Infortar, AS-i Tallink Grupp suurim aktsionär. Janek Stalmeister Finantsdirektor AS Tallink Grupp Tel. +372 6409 800 Fax. +372 6409 810 e-mail: [email protected]
Content of announcement in English
Title
Tallink will start hotel operation in Riga in 2010
Message
OÜ TLG Hotell, a subsidiary of AS Tallink Grupp and SIA Happy Trails of Latvia have come to a preliminary agreement that OÜ TLG Hotell will start hotel operation in Riga in 2010. A new 250-room hotel building in the center of Riga will be constructed to SIA Happy Trails by 2010. The details of rental terms will be set in the rental agreement which will be concluded before the start of the operations. AS Tallink Grupp does not invest into the construction of the new hotel. The transaction will not have a significant effect to the consolidated accounts of AS Tallink Grupp. This is a related party transaction according to the Stock Exchange rules. SIA Happy Trails is owned 100% by AS Infortar which is the main shareholder of AS Tallink Grupp. Janek Stalmeister AS Tallink Grupp Financial Director Tel: +372 6409 800 Fax: +372 6409 810 e-mail: [email protected]