Market announcement
AS TALLINNA VESI
LEI code
5493000M6TVS2X0KWC97
Size of the entity
Large group
Economic activities
Water Supply; Sewerage, Waste Management and Remediation Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
3076
Submission date and time
05.11.2010 08:59:00
Content of announcement in English
Title
TVE: Announcement of sale and acquisition of an indirect holding in AS Tallinna Vesi
Message
Tallinna Vesi Major shareholder announcements 05.11.2010 Announcement of sale and acquisition of an indirect holding in AS Tallinna Vesi As required by § 185(2) of the Estonian Securities Market Act, we hereby inform you that on 29th of October 2010 United Utilities Group PLC and the European Bank for Reconstruction and Development (EBRD) executed a transaction whereby United Utilities Group PLC acquired the EBRD's 25% indirect shareholding in United Utilities (Tallinn) B.V. This increases United Utilities Group PLC's indirect shareholding in AS Tallinna Vesi from 26,48% to 35.3% and reduces the EBRD's indirect shareholding in AS Tallinna Vesi from 8.82% to 0%. The transaction did not change the number of shares or votes held by United Utilities (Tallinn) B.V. in AS Tallinna Vesi. United Utilities (Tallinn) B.V remains with a total shareholding in AS Tallinna Vesi of 35.3%. AS Tallinna Vesi as the Issuer is required to notify the stock exchange of changes in substantial ownership as per § 186 of the Securities Market Act. Priit Koff Head of Public Relations AS Tallinna Vesi +372 62 62 209 [email protected]