Veolia Water UK Plc has agreed to purchase United Utilities' shareholding in United Utilities Tallinn B.V. . United Utilities Tallinn B.V. owns 35,3% of the shares of AS Tallinna Vesi. United Utilities Tallinn B.V. is 75% owned by United Utilities (indirect shareholding in AS Tallinna Vesi is 26,5%) and 25% is owned by the European Bank for Reconstruction and Development (indirect shareholding in AS Tallinna Vesi is 8,8%). Veolia Water UK Plc is buying United Utilities' 75% shareholding and EBRD will retain its 25% stake in United Utilities Tallinn B.V. United Utilities will no longer have any shareholding in United Utilities Tallinn B.V. after the sale is completed. AS Tallinna Vesi will publish further information about the transaction and its effect on the Company pursuant to the applicable rules as soon as such information becomes available to the Company. Priit Koff Head of Public Relations AS Tallinna Vesi +372 6262 209 priit.koff@tvesi.ee
Clarification on the sale of United Utilities' indirect shareholding in AS Tallinna Vesi
| Source: Tallinna Vesi