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

7580

Submission date and time

13.11.2019 17:45:00

Content of announcement in Estonian

Title

AS Tallink Grupp asutas Leedus ja Lätis tütarettevõtted

Message

AS-i   Tallink   Grupp   100% osalusega   tütarettevõte  OÜ  Tallink  Fast  Food
registreeris sel nädalal 100% osalusega tütarettevõtte Leedus - UAB Tallink Fast
Food  Lithuania  -  mis  on  kontserni  esimene tütarettevõte Leedus, ning 100%
osalusega  tütarettevõtte  Lätis  -  SIA  Tallink  Fast  Food Latvia. Ettevõtete
asutamise eesmärgiks on Burger King restoranide opereerimine Leedus ja Lätis.

Tütarettevõtete    loomine   ei   oma   mõju   Tallink   Grupi   konsolideeritud
majandustulemusele.  Tütarettevõtete 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 tehingutest 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 subsidiaries in Lithuania and Latvia

Message

OÜ  Tallink  Fast  Food,  a  wholly-owned  subsidiary  of  AS Tallink Grupp, has
registered  this week a wholly-owned subsidiary  in Lithuania - UAB Tallink Fast
Food  Lithuania -  which is  the group's  first subsidiary  in Lithuania,  and a
wholly-owned subsidiary in Latvia - SIA Tallink Fast Food Latvia. The purpose of
founding  the subsidiaries is operation of  Burger King restaurants in Lithuania
and Latvia.

Establishment  of the  subsidiaries will  not affect  the consolidated financial
results of the group. Establishment of the subsidiaries 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
transactions.


Joonas Joost
Advisor to the Management Board
Head of Investor Relations

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