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

8827

Submission date and time

20.05.2021 08:11:37

Content of announcement in Estonian

Title

AS Tallinna Vesi aktsiate ülevõtmispakkumise tulemused

Message

AS Tallinna Vesi enamusaktsionärid Tallinna Linn ja OÜ Utilitas (edaspidi koos
Ülevõtjad) teavitasid 13. aprillil 2021 kohustuslikust ülevõtmispakkumisest
kõigi AS Tallinna Vesi A-aktsiate, mis ei kuulu Ülevõtjatele, omandamiseks
ostuhinnaga 14,20 eurot (neliteist eurot ja kakskümmend senti) aktsia kohta
(?Ostuhind") ülevõtmispakkumises toodud tingimustel. Pakkumise aktseptimise
periood lõppes 17.05.2021 kell 15.00 Eestis kehtiva kellaaja (Ida-Euroopa
suveaeg) järgi.

Pakkumise raames otsustasid Pakkumise aktseptinud ASTV aktsionärid müüa
Ülevõtjatele kokku 1 083 834 ASTV A-aktsiat aktsiat, mis moodustab ligikaudu
5,42% kõigist ASTV A-aktsiatest. Ostuhind tasutakse rahas ja aktsiad kantakse
Ülevõtjatele üle 25.05.2021.

Ülevõtmispakkumise täpsed tulemused on esitatud ülevõtmispakkumise tulemuste
teates
(https://view.news.eu.nasdaq.com/view?id=b6446cb92b33705f0160f3bbd9f737dd6&lang=
et).

Laura Korjus
Kommunikatsioonijuht
AS Tallinna Vesi
(+372) 626 2271
[email protected]

Content of announcement in English

Title

Results of the takeover offer with respect to AS Tallinna Vesi’s shares

Message

On 13 April 2021, the majority shareholders of AS Tallinna Vesi - City of
Tallinn and OÜ Utilitas hereinafter jointly referred to as the Offerors) -
notified of the mandatory takeover offer for the acquisition of all A-shares in
AS Tallinna Vesi, which are not owned by the Offerors, for a purchase price of
14.20 euros (fourteen euros and twenty eurocents) per share (?Purchase Price")
on the terms and conditions set out in the takeover offer. The time allowed for
the acceptance of an offer ended on 17/05/2021 at 15:00, Estonian time (Eastern
European Summer Time).

As response to the Offer, the shareholders of ASTV who accepted the Offer
decided to sell 1,083,834 A-shares of ASTV, which equals to approximately 5.42%
of all A-shares of ASTV. The payment of purchase price shall be in cash and the
shares shall be transferred to the Offerors on 25/05/2021.

The specific information of the results of the takeover offer are set out in
notice of the results of the takeover offer
(https://view.news.eu.nasdaq.com/view?id=b6446cb92b33705f0160f3bbd9f737dd6&lang=
en).

Laura Korjus
Head of Communication
AS Tallinna Vesi
(+372) 626 2271
[email protected]