Notice of Settlement Agreements

What happened

On 27 October 2026, AS Tallinna Vesi reached out-of-court settlements with Aktsiaselts Olerex, EfTEN SPV2 OÜ, EfTEN Sky OÜ and Kadrioru Ärikeskus OÜ in historical water price difference disputes. The claimants will withdraw their claims, and Tallinna Vesi will pay settlements totalling €156 thousand.

Confirmed

Global impact / market context

Paying €156 thousand, about half the claimants' principal claims, plus agreed legal costs, removes several court cases and their uncertainty. That lets management focus on core water services and may reduce future legal expenses, though cash paid out is modest for the company.

Analyst inference

The company says it wants to resolve all remaining historical water price difference cases on similar principles, after an earlier out-of-court resolution with Tallinn University of Technology. This signals a broad settlement approach that could lower litigation risk across its remaining disputes.

Analyst inference

What to watch

1. Tallinna Vesi will reimburse agreed ancillary costs and legal costs under the settlement agreements, in addition to the €156 thousand total settlement payments to the four claimants. Confirmed
2. The company seeks to resolve all remaining court cases about historical water price difference claims on similar principles, so further settlements like these could follow. Proposed
3. If more claimants settle on similar terms, roughly half of principal claims plus costs, total payouts could grow and affect cash available, even as court uncertainty falls. Analyst inference

Evidence

• globenewswire.com