Tallink Grupp

M&A Activity • Dec 14, 2017

AS Tallink Grupp completes the sale of the Superfast vessels

AS Tallink Grupp completes the sale of the Superfast vessels

Tallinn, 2017-12-14 12:39 CET (GLOBE NEWSWIRE) --

AS Tallink Grupp completes the sale of the Superfast vessels

The subsidiaries of AS Tallink Grupp, Baltic SF VII Ltd and Baltic SF VIII Ltd

have delivered today on 14.12.2017 the vessels M/S Stena Superfast VII and M/S

Stena Superfast VIII to the company Stena North Sea Ltd.

Value of the deal is 133.5 million euros and the profit from the sale of the

vessels is not significant to the consolidated results of AS Tallink Grupp. The

cash flow from the sale of the vessels will strengthen the group's financial

position.

Veiko Haavapuu

Finance Director

AS Tallink Grupp

Sadama 5/7

Tel. +372 640 9914

E-mail veiko.haavapuu@tallink.ee