The results of the voluntary takeover offer made by AS Infortar in respect of the shares of AS Tallink Grupp
06 Agosto 2024 - 9:00AM
UK Regulatory
The results of the voluntary takeover offer made by AS Infortar in
respect of the shares of AS Tallink Grupp
On 2 July 2024, a shareholder of AS Tallink
Grupp, AS Infortar (registry code: 10139414,
“Offeror”), notified of making a voluntary
takeover offer to acquire all shares of AS Tallink Grupp not in the
ownership of the Offeror. Today, on 6 August 2024, the Offeror
published the results of the voluntary takeover offer.
The Chairman of the Management Board of AS
Tallink Grupp Paavo Nõgene:
„We are pleased that our majority shareholder
Infortar has increased its holding in Tallink. This demonstrates
their confidence in our company and team, as well as continued
faith in our future and readiness to further develop Tallink."
Below we publish the Offeror’s notice regarding
the results of the voluntary takeover offer as it was originally
made by the Offeror.
The results of the voluntary takeover
offer made in respect of the shares of AS Tallink
Grupp
AS Infortar (“Offeror”) made a
voluntary takeover offer to all the shareholders of Aktsiaselts
Tallink Grupp (“Tallink”) for acquiring all the
shares of Tallink (“Shares”) not yet in the
ownership of the Offeror (“Offer”). The Offer was
made based on the offer notice (“Offer Notice”)
and the prospectus attached to it (“Prospectus”,
together with the Offer Notice, “Offer
Documents”).
The Estonian Financial Supervision and
Resolution Authority approved the Offer on 1 July 2024 and the
Offer Documents were published on 2 July 2024. The Offer commenced
on 2 July 2024 at 10:00 and ended on 5 August 2024 at 16:00.
The purchase price offered by the Offeror within
the Offer was EUR 0.55 per one Share (the “Purchase
Price”).
As a response to the Offer the shareholders
participating in the Offer decided to sell to the Offeror in total
161,395,930 Shares that corresponds to approximately 21,71% of
all the Shares. The Offeror gives its acceptance to conclude the
sales contracts with all the shareholders that participated in the
Offer on terms provided in the Prospectus.
The payment of the Purchase Price to all the
shareholders participating in the Offer and transfer of the Shares
to the Offeror takes place on 9 August 2024 (the “Value
Date”) in accordance with the procedure described in the
Offer Documents. On the Value Date each shareholder participating
in the Offer shall be paid the amount of the Purchase Price
corresponding to the number of the Shares sold by that shareholder
against the transfer of such Shares.
Before publishing the Offer Documents and as of
the end of the last day of Offer the Offeror held in total
347,696,887 Shares that amounted to 46.76% of all Shares. As a
result of the Offer, the Offeror acquires in total 161,395,930
Shares that amounts to approximately 21,71% of all Shares.
After the Value Date, the Offeror, thus, owns in total Shares that
amounts to 509,092,817 of all Shares. Thus, the Offeror now
holds 68,47% of the voting rights and has acquired dominant
influence over Tallink.
Anneli Simm
Investor Relations Manager
AS Tallink Grupp
Sadama 5
10111 Tallinn, Estonia
E-mail anneli.simm@tallink.ee
Grafico Azioni Tallink Grupp As (LSE:0NY4)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Tallink Grupp As (LSE:0NY4)
Storico
Da Nov 2023 a Nov 2024
