Market announcement

AS TALLINNA VESI

LEI code

5493000M6TVS2X0KWC97

Size of the entity

Large group

Economic activities

Water Supply; Sewerage, Waste Management and Remediation Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

8640

Submission date and time

09.03.2021 14:36:07

Content of announcement in Estonian

Title

Konkurentsiamet andis Tallinna Linnale ning OÜ-le Utilitas loa ühise valitseva mõju omandamiseks AS Tallinna Vesi üle

Message

Konkurentsiamet tegi 09.03.2021 otsuse, millega andis Tallinna Linnale ja
Osaühingule Utilitas loa ühise valitseva mõju omandamiseks AKTSIASELTS TALLINNA
VESI üle. Tallinna Linn koos OÜ-ga Utilitas sõlmisid United Utilities (Tallinn)
B.V-ga (müüja) aktsiate müügilepingu, mille kohta on info avaldatud emitendi
varasemates börsiteadetes 03.02.2021 (Siin: Olulise osaluse kavandatavad
muutused (omxgroup.com)
(https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=1002778&m
essageId=1255900) ) (parandusega 11.02.2021- siin: PARANDUSTEADE: Olulise
osaluse kavandatavad muutused (omxgroup.com)
(https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=1004087&m
essageId=1257555)) ja 11.02.2021 (Siin: AS-i Tallinna Vesi olulise osalusega
aktsionäride ja OÜ Utilitas vahel sõlmitud aktsiate müügilepingu jõustumine
(omxgroup.com)
(https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=1004264&m
essageId=1257779)). Konkurentsiameti luba on aktsiate müügilepingu alusel
tehingu lõpuleviimise tingimuseks. Tehingu lõpuleviimise kohta teeb AKTSIASELTS
TALLINNA VESI eraldi teate. Pooled planeerivad tehingu lõpule viia
31.märtsil 2021. Tehingu lõpuleviimise järgselt kuulub Tallinna Linnale 52,35%
AKTSIASELTS TALLINNA VESI aktsiakapitalist ja OÜ-le Utilitas 17,65% AKTSIASELTS
TALLINNA VESI aktsiakapitalist.

Kristi Ojakäär
AS Tallinna Vesi
Finantsdirektor
(+372) 62 62 262
[email protected]

Content of announcement in English

Title

Competition Authority granted the City of Tallinn and OÜ Utilitas the permission to exercise joint dominant influence over AS Tallinna Vesi

Message

Competition Authority decided on 09/03/2021 to grant the City of Tallinn and
Osaühing Utilitas the permission to exercise joint dominant influence over
AKTSIASELTS TALLINNA VESI. The City of Tallinn and OÜ Utilitas entered into a
share sale agreement with United Utilities (Tallinn) B.V. (the seller), on which
the information was disclosed by the issuer in the earlier stock notices on
03/02/2021 (here: Contemplated changes in substantial shareholding
(omxgroup.com)
(https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=1002778&m
essageId=1255899)) (with correction on 11/02/2021 - here: CORRECTION:
Contemplated changes in substantial shareholding (omxgroup.com)
(https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=1004087&m
essageId=1257556)) and on 11/02/2021 (here: Entry into force of the share sale
agreement between OÜ Utilitas and the shareholders with substantial shareholding
in AS Tallinna Vesi (omxgroup.com)
(https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=1004264&m
essageId=1257778)). Competition Authority's permission is a condition precedent
to the completion of the transaction under the share sale agreement. AKTSIASELTS
TALLINNA VESI will release a separate notice on the completion of the
transaction. The parties intend to complete the transaction on 31/03/2021. As a
result of the transaction, the City of Tallinn will hold 52.35% of the share
capital of AKTSIASELTS TALLINNA VESI and OÜ Utilitas will hold 17.65% of the
share capital of AKTSIASELTS TALLINNA VESI.

Kristi Ojakäär
AS Tallinna Vesi
CFO
(+372) 62 62 262
[email protected] (mailto:[email protected])