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

8071

Submission date and time

08.06.2020 16:55:00

Content of announcement in Estonian

Title

AS Tallink Grupp asutas Lätis tütarettevõtte

Message

AS-i  Tallink Grupp 100% osalusega tütarettevõte AS Tallink Latvija registreeris
eelmisel  nädalal  100% osalusega  tütarettevõtte  Lätis  -  SIA  BK Properties.
Ettevõtete asutamise eesmärgiks on kinnisvara omandamine Burger King restoranide
opereerimiseks Lätis. Restorane opereerib SIA Tallink Fast Food Latvia.

Tütarettevõtete  loomine ei oma mõju AS-i  Tallink Grupp ja tema tütarettevõtete
(?kontsern")  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  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 subsidiary in Latvia

Message

Last  week AS  Tallink Latvija,  a wholly-owned  subsidiary of AS Tallink Grupp,
registered  a wholly-owned subsidiary in Latvia - SIA BK Properties. The purpose
of  founding the subsidiary is acquisition and holding of real estate properties
for  the operation of Burger King restaurants in Latvia. The restaurants will be
operated by SIA Tallink Fast Food Latvia.

Establishment  of  the  subsidiary  will  not  affect the consolidated financial
results  of AS Tallink Grupp and  its subsidiaries (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 transactions.


Joonas Joost
Advisor to the Management Board
Head of Investor Relations

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