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Published: 2018-11-23 14:40:00 CET
Tallink Grupp
Company Announcement

AS Tallink Grupp announces the approval of the listing application by Nasdaq Helsinki and expects trading in FDRs to commence on 3 December 2018

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA, SINGAPORE OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

AS Tallink Grupp (the “Company” or “Tallink”) announces that Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) has today approved the listing application of AS Tallink Grupp. All of the approvals from Nasdaq Helsinki and the Finnish Financial Supervisory Authority required for the secondary listing on Nasdaq Helsinki have now been received, and trading in the Finnish share depositary receipts of the Company (the “FDRs”) on Nasdaq Helsinki is expected to commence on 3 December 2018.

“We are very pleased that Nasdaq Helsinki has today approved our application for the secondary listing of Tallink Grupp’s shares on the Helsinki stock exchange. It is very satisfying to reach the goal we set for ourselves earlier this year to achieve this listing and to make investing into Tallink and Silja Line brands easier for Finnish investors and those investors who prefer to invest via Nasdaq Helsinki. This was the logical next step for our company on our development journey and one that will strengthen the ties between two of our key markets even further,” Paavo Nõgene, CEO of AS Tallink Grupp said.

As announced on 19 November 2018, Nordea Bank Abp (issuer agent for the FDRs) has agreed not to charge the conversion fees from the Company’s shareholders resulting from the conversion of their shares into FDRs, amounting to EUR 120, for a period continuing until 29 November 2018 at 6.00 pm Finnish time (the “Free FDR Conversion Period”), provided that the Free FDR Conversion Period is not extended. One free conversion per securities account will be offered during the Free FDR Conversion Period. Shareholders’ own service providers’ fees will still apply.


Veiko Haavapuu
Financial Director

AS Tallink Grupp
Sadama 5/7
10111 Tallinn, Estonia
Tel. +372 640 9914
E-mail veiko.haavapuu@tallink.ee 


DISCLAIMER

None of the information contained herein constitute an offer to sell, or the solicitation of an offer to buy or acquire, any shares, FDRs, rights or other securities of AS Tallink Grupp in any jurisdiction whatsoever, including but not limited to, Finland, Estonia, and other member states of the European Economic Area. The information contained herein has been furnished solely for the purpose of communicating about the potential listing of, and commencement of trading in, the Company’s shares in the form of FDRs at the main list of Nasdaq Helsinki.

The information contained herein is not an offer for sale of securities in the United States. The shares, FDRs, rights or other securities of the Company referred to on this website have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration thereunder.

The information contained herein is not intended for, and must not be accessed by, or distributed or disseminated to, persons resident or physically present in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore, and do not constitute an offer to sell or the solicitation of an offer to buy or acquire, any shares, FDRs, rights or other securities of the Company in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Singapore or any other country in which it would be contrary to the laws and regulations of that country.

None of the information contained herein constitute an offer of securities in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities referred to herein. This information is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this document relates will be only available to, and will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

This release includes forward-looking statements within the meaning of the securities laws of certain applicable jurisdictions. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this release. By their nature, forward looking statements involve known and unknown risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future. Tallink cautions readers that forward-looking statements are not guarantees of future performance and are based on numerous assumptions and that its actual results of operations, including their financial condition and liquidity and the development of the industries in which it and the members of its group operate, may differ materially from (and be more negative than) those made in, or suggested by, the forward-looking statements contained in this release.