Significant Events and Transactions

On 26 March 2018, HHLA signed an agreement to acquire 100 % of shares in Transiidikeskuse AS, a terminal operator based in Tallinn, Estonia. The transaction is subject to various conditions precedent and is expected to be closed in the second quarter of 2018.

There were no other particular events or transactions during the reporting period either in HHLA’s operating environment or within the Group that had a significant impact on its results of operations, net assets and financial position. Both the economic indicators reported for the first three months of 2018 and HHLA’s actual economic performance were largely in line with the performance forecast in the 2017 Annual Report. See results of operations, net assets and financial position