OMX Tallinn Stock Exchange started trading with shares of Tallink Gupp

09.12.2005 TLN

OMX Tallinn Stock Exchange
Press Release
9.12.2005

Tallink Grupp is a leading provider of high-quality mini-cruise and passenger transport services in the Northern Baltic Sea region on routes between Estonia, Finland and Sweden. Currently Tallink is the market leader on Helsinki – Tallinn route and the only provider of daily passenger and cargo traffic services on the routes between Sweden and Estonia.

Today OMX Tallinn Stock Exchange started trading with shares of Tallink Grupp. A total of 34 732 000 shares (including 3 157 455 shares pursuant to over-allotments) were allocated in the offering at the price of EUR 5,2727. At the end of the first trading day the share closed at EUR 5,31 level, which means 0,76% rise compared to the issue price.

“16 040 Estonian investors have subscribed Tallink shares. 9 149 new securities accounts were opened due to Tallink offering. Estonians were ready to invest EUR 64 million to Tallink. All these numbers show trust. Trust towards the company and its future. Tallink is now belonging to the higher society, which creates better possibility to keep and deepen the trust. Welcome!” said Kaidi Oone, Chairman of the Tallinn Stock Exchange Management Board.

“Wide and strong specter of shareholders indicates that we are on the right way. Successful IPO shows that investors believe in the growth potential. We give our best to justify the belief and to secure satisfaction of our investors and future development,” said Enn Pant, Chairman of the Tallink Grupp Management Board.

1 227 transactions were made with the share of Tallink during the first trading day and the turnover was EUR 18,56 million. 3,43 million shares found new owner during the exchange transactions of Tallink Grupp. Market capitalization of Tallink after the first trading day is EUR 724,8 million, which places the company to 2 place among Baltic security market companies.

Similar to other Baltic Main List companies Tallink Grupp obtained GICS (Global Industry Classification Standard) classification, which will enter into force starting from 9.12.2005 – 20303010 (Marine). The share of Tallink will be included to Tallinn Stock Exchange index OMX Tallinn starting 12.12.2005 and BALTIX index starting 1.1.2006. Tallink Grupp is one of the first companies in the OMX group that was listed in accordance to European Union directive.

Investors may obtain information about the amount of shares allocated to them by submitting an inquiry on the website of Estonian CSD: https://www.e-register.ee/ or to the custodian operating their securities account. As of today Tallink Grupp has 16 419 shareholders.

About OMX Exchanges | OMX is a leading partner for more efficient securities transactions. OMX consists of two divisions: OMX Technology and OMX Exchanges. Through the OMX Exchanges division, OMX owns and operates the equity, fixed-income and derivatives exchanges in Copenhagen, Stockholm, Helsinki, Tallinn, Riga and Vilnius as well as the central securities depositories in Estonia and Latvia. Through OMX Exchanges, OMX offers access to approximately 80 percent of the Nordic and Baltic Securities market. For more information please visit www.omxgroup.com.

Tradable Assets

Shares
Bonds
Funds

Market information

Statistics
Trading
Indexes
Auctions

Market Regulation

Rules and Regulations
Surveillance

Get Started

For Companies
For Investors
For Brokers/Members
For First North Advisers

News

Nasdaq News
Issuer News
Calendar

About Us

Nasdaq Baltic Market
Offices