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Tallink enters Tallinn Stock Exchange
29/11/2005 15:02

Tallink enters Tallinn Stock Exchange – the company’s stocks worth more than EEK 3 billion were put on sale in Estonia, elsewhere in Europe and USA yesterday.

The money Tallink receives from the sale of stocks will be used for buying new ships and meeting debts. It has not been ruled out that Tallink may buy Silja Line. According to Tallink’s board member Andres Hunt, the company’s purpose is to be visible in home markets; therefore they entered Tallinn Stock Market. All Estonian private investors and companies can purchase Tallink’s stocks for EEK 23,000. Tallink had nearly 2700 employees at the end of August.

The official prospectus in English can be found at: //www.fi.ee/failid/71943acl.pdf

Source: Äripaev/Baltic Standby
Read: 1138 times

Topics: Maritime Transport., Investments


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