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 corporate action

Unique data record identifier

7483

Submission date and time

06.09.2019 18:35:00

Content of announcement in Estonian

Title

AS Tallink Grupp asutas Singapuris tütarettevõtte

Message

AS  Tallink Grupp asutas sel  nädalal 100% osalusega tütarettevõtte Singapuris -
Tallink  Asia Pte Ltd - mis on kontserni esimene tütarettevõte Aasias. Ettevõtte
asutamise   eesmärgiks   on   kontserni  äritegevuse  arendamise  ja  laienemise
lihtsustamine Aasia riikides.

Tütarettevõtte    loomine    ei   oma   mõju   Tallink   Grupi   konsolideeritud
majandustulemusele.  Tütarettevõtte  loomine  ei  ole käsitletav olulise osaluse
omandamisena  Nasdaq Tallinn reglemendi osa "Nõuded Emitentidele" tähenduses ega
avalda  olulist mõju kontserni tegevusele. AS  Tallink Grupp nõukogu ja juhatuse
liikmed ei ole tehingust muul viisil isiklikult huvitatud.


Joonas Joost
Juhatuse nõunik
Investorsuhete juht

AS Tallink Grupp
Sadama 5
10111 Tallinn
E-mail [email protected]

Content of announcement in English

Title

AS Tallink Grupp establishes subsidiary in Singapore

Message

AS  Tallink  Grupp  has  announced  establishing  a  wholly-owned  subsidiary in
Singapore  this  week  -  Tallink  Asia  Pte  Ltd  -  which is the group's first
subsidiary  in Asia.  The  purpose of founding  a subsidiary in  Singapore is to
simplify the development and expansion of the group's activities in Asia.

Establishment  of  the  subsidiary  will  not  affect the consolidated financial
results  of the group. Establishment of  the subsidiary 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
transaction.


Joonas Joost
Advisor to the Management Board
Head of Investor Relations

AS Tallink Grupp
Sadama 5
10111 Tallinn, Estonia
E-mail [email protected]