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
7506
Submission date and time
27.09.2019 09:30:00
Content of announcement in Estonian
Title
Burger King restoranide arendus- ja frantsiisiõiguste omandamine Baltikumis
Message
AS Tallink Grupp ("Selts") omandas eksklusiivsed globaalse kiirtoiduketi Burger
King frantsiisiõigused Eestis, Lätis ja Leedus. Esimesed restoranid Tallinnas on
plaanis avada juba sel talvel ning esimesed restoranid Lätis ja Leedus 2020.
aasta esimeses pooles. Restoranide avamise ja opereerimisega Eestis, Lätis ja
Leedus loob Selts kolmes Baltiriigis kokku ligi 800 uut töökohta. Iga avatud
restorani frantsiisilepingu pikkuseks on 20 aastat.
"Juba 2016 aastal tegi Tallink ajalugu maailma esimese merel oleva Burger Kingi
restoran avamisega kiirlaeval Star. Nüüd teeme taas ajalugu tuues ikoonilise
ameerikapärase Whopperi burger kui ka kogu Burger Kingi hinnatud valiku nii
Eesti, Läti ja Leedu inimesteni" lausus Tallink Grupi juhatuse esimees Paavo
Nõgene. "Oleme astunud samme, laiendamaks Tallink Grupi tegevust lisaks merele
ka maal ning Burger Kingi frantsiisi omandamine Baltikumis on oluline samm meie
laienemisplaanides maismaal. Meil on hea meel võimaluse üle rakendada
täiendavalt meie olemasolevat jaemüügi ja restoranide opereerimise meeskondade
kompetentsi. Tallink jätkab laienemisvõimaluste otsimisega nii maal kui merel,
nii Läänemere regioonis kui mujal maailmas", lisas Nõgene.
Frantsiisiõiguste omandamine ei kahjusta Seltsi laenu- ja
investeerimiskohustuste täitmise võimekust. Burger King restoranide
opereerimiseks on AS Tallink Grupp asutanud 100% osalusega tütarettevõtte OÜ
Tallink Fast Food. 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
Acquisition of development and franchise rights of Burger King restaurants in the Baltics
Message
AS Tallink Grupp (the "Company") has acquired exclusive development rights for global fast food chain Burger King in Estonia, Latvia and Lithuania. The first Burger King restaurants are planned to be opened in Tallinn this winter and the first restaurants in Latvia and Lithuania in the first half of 2020. The Company plans to open and operate restaurants across Estonia, Latvia and Lithuania and expects the expansion to create a total of nearly 800 new jobs in the Baltic states. The Company will hold the licence to operate each restaurant for 20 years from opening. "Tallink made history already in 2016 when the world's first floating Burger King restaurant was opened on Star. Now we are making history again, bringing the iconic true American-style Whopper burger as well as the rest of the popular Burger King products to the people of Estonia, Latvia and Lithuania" Paavo Nõgene, CEO of Tallink Grupp said. "We have taken a number of steps to expand the activities of Tallink Grupp's onshore as well as on the sea and the acquisition of the Burger King franchise across the Baltics is another important step forward with our onshore expansion plans. We are pleased that we are able to leverage the existing internal know-how and competence of our retail and restaurant operations teams. Tallink will continue to seek expansion opportunities onshore and on the sea, both in the Baltic Sea region as well as further afield," Nõgene added. The acquisition of franchise rights will not impair the Company's ability to serve its debt and investment commitments. To operate the Burger King restaurants AS Tallink Grupp has established a wholly-owned subsidiary OÜ Tallink Fast Food. 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]