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

9692

Submission date and time

21.07.2022 20:17:15

Content of announcement in Estonian

Title

Teade hagiavaldusest

Message

Harju  Maakohus  võttis  menetlusse  hagi  ASi  Tallinna  Vesi  vastu veeteenuse
tarbimise eest väidetavalt enammakstud hinna hüvitamiseks, mida Tallinna Vesi ei
pea põhjendatuks.

Hageja   on  koondanud  erinevate  isikute  nõuded  perioodist  2011-2019 summas
743 854,70 eurot, millele lisanduvad viivised. Menetlus on kohtu esimeses astmes
algusjärgus,  istungit ei ole toimunud. Ettevõtte hinnangul ei avalda käimasolev
hagimenetlus   mõju  ettevõtte  väärtpaberite  hinnale.  Varasemate  olulisemate
haginõuete    kohta   on   ettevõte   avaldanud   börsiteated   23.11.2021 (link
(https://view.news.eu.nasdaq.com/view?id=b218838417bcdfc2c1c89b032fde1d9d9&lang=
et))                             ja                             14.06.2022 (link
(https://view.news.eu.nasdaq.com/view?id=be738350e3f0a52d4d082738522deff1e&lang=
et)).

Tallinna  Vesi on  käitunud alati  õiguspäraselt, rakendades vastavalt kehtivale
õigusele  kehtestatud  õiglasi  tariife.  Tallinna  Vee  hinnangul  ei  ole hagi
põhjendatud  ja Tallinna  Vesi vaidleb  sellele igakülgselt  vastu. Tallinna Vee
hinnangul   ei   avalda   käimasolevad   hagimenetlused  otsest  mõju  ettevõtte
finantstulemustele või väärtpaberite hinnale.



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

Content of announcement in English

Title

Notice about the statement of claim

Message

Harju County Court has accepted a claim against AS Tallinna Vesi for the
compensation of an allegedly overpaid price for the consumed water services,
which Tallinna Vesi does not consider justified.

The claimant has joined the claims from various persons from 2011 to 2019 in the
amount of EUR 743,854.70 plus interests. The procedure is at a very early stage
in the court of first instance and no hearing has taken place. In the Company's
opinion the current proceedings of action have no impact on the price of shares.
The Company has made announcements about earlier significant statements of claim
on 23 November 2021 (link
(https://view.news.eu.nasdaq.com/view?id=b218838417bcdfc2c1c89b032fde1d9d9&lang=
en)) and 14 June 2022 (link
(https://view.news.eu.nasdaq.com/view?id=be738350e3f0a52d4d082738522deff1e&lang=
en)).

Tallinna Vesi has always acted legitimately by applying fair tariffs imposed in
accordance with the law in force. In Tallinna Vesi's opinion, the claims are
unfounded, and the Company disputes them in every way. In Tallinna Vesi's
opinion, the ongoing proceedings of action have no direct impact on the
Company's financial results or the price of shares.



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