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

6183

Submission date and time

12.07.2017 20:01:46

Content of announcement in Estonian

Title

Superfast laevade müük

Message

Tallinn, 2017-07-12 19:01 CEST (GLOBE NEWSWIRE) --
Superfast laevade müük

AS Tallink Grupp tütarettevõtted Baltic SF VII Ltd ja Baltic SF VIII Ltd ning
Stena Ropax Limited sõlmisid müügilepingu laevade Stena Superfast VII (endine
nimi Superfast VII) ja Stena Superfast VIII (endine nimi Superfast VIII) osas.
Tehingu väärtus on 133,5 miljonit eurot. Laevad antakse ostjale üle detsembris
2017. Seni jätkavad laevad Stena Line Ltd. poolt opereerimist Suurbritannia
vetes vastavalt augustis 2011 sõlmitud prahilepingule. 

Laevade müügist saadav rahavoog tugevdab kontserni finantspositsiooni. Laevade
müügist saadav kasum ei ole olulise mõjuga AS-i Tallink Grupp konsolideeritud
majandustulemusele. 




         Veiko Haavapuu
         Finantsdirektor
         
         AS Tallink Grupp
         Sadama 5/7, 10111 Tallinn
         Tel. +372 640 9914
         E-mail [email protected]

Content of announcement in English

Title

Sale of the Superfast vessels

Message

Tallinn, 2017-07-12 19:01 CEST (GLOBE NEWSWIRE) --
Sale of the Superfast vessels

The subsidiaries of AS Tallink Grupp, Baltic SF VII Ltd and Baltic SF VIII Ltd
have concluded the sale agreements with Stena Ropax Limited for M/S Stena
Superfast VII (ex name Superfast VII) and M/S Stena Superfast VIII (ex name
Superfast VIII). Value of the deal is 133.5 million euros. The vessels will be
delivered to the buyer in December 2017. Until then vessels continue operations
in the UK waters according to the charter agreements concluded in August 2011
by Stena Line Ltd. 

The cash flow from the sale of the vessels will strengthen the group's
financial position. The profit from the sale of the vessels is not significant
to the consolidated results of AS Tallink Grupp. 




         Veiko Haavapuu
         Finance Director
         
         AS Tallink Grupp
         Sadama 5/7
         10111 Tallinn, Estonia
         Tel. +372 640 9914
         E-mail [email protected]