|Delayed - 09/27 08:59:36 am|
AS Tallink Grupp Intends to Conduct A Public Offering of the New Shares08/02/2021 | 05:00am
AS Tallink Grupp (TLSE:TAL1T) intends to conduct a public offering of the new shares of the Company in Estonia and Finland (in Finland in the form of the Finnish depositary receipts, FDRs). The intended subscription period of the new shares is contemplated to be 18.08.2021 (including) – 01.09.2021 (including). Conducting the public offering is subject to the approval of a public offering and listing prospectus by the Financial Supervision Authority, the proceedings of which are currently pending. The Company will issue a separate notice on the public offering of the new shares after the approval of the public offering and listing prospectus by the Financial Supervision Authority but before the beginning of the offering. The Company intends to offer up to 66,988,204 new shares. Upon oversubscription, the Company may increase the number of shares offered by 10%, i.e. up to 73,687,024 shares. Upon undersubscription, the Management Board of the Company is entitled to cancel the shares not subscribed for. The Company intends to apply for the listing and admission to trading of the new shares in the main lists of the Nasdaq Tallinn Stock Exchange and the Nasdaq Helsinki Stock Exchange (in the latter in the form of the Finnish depositary receipts, FDRs).
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