Market announcement

AS Ekspress Grupp

LEI code

529900B52V1TUMW7FS54

Size of the entity

Large group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

This announcement has been corrected.

Corrected version

PARANDUSTEADE: AS Ekspress Grupp viis lõpule ASi Ekspress Hotline müügitehingu

Categories

Other price sensitive information

Unique data record identifier

2608

Submission date and time

26.02.2010 09:24:06

Content of announcement in Estonian

Title

AS Ekspress Grupp viis lõpule ASi Ekspress Hotline müügitehingu

Message

25.02.2010 sõlmis AS Ekspress Grupp ASi Ekspress Hotline müügitehingu
lõpuleviimise kokkuleppe. Tehingu lõplikuks summaks oli 75,2 miljonit krooni
(4,8 miljonit eurot).  Läbirääkimiste käigus otsustati tehing
ümberstruktureerida selliselt, et müügisumma tasutakse ostja poolt varasema
viieaastase tähtaja asemel viivtamatult ning AS Ekspress Grupp vähendab
müügisummat 11,4 miljoni krooni (0,4 miljonit eurot) võrra. 2009 III kvartali
majandustulemustes oli arvestatud müügitehinguga summas  86,6 miljonit krooni
(5,5 miljonit eurot),  mistõttu kannab AS Ekspress Grupp 2009 aasta IV
kvartalis maha täiendavalt 11,4 miljonit krooni ( 0,4 miljonit eurot) ASi
Ekspress Hotline firmaväärtust. 



Lisainformatsioon:
Gunnar Kobin
Juhatuse esimees
GSM: +372 5188111
e-mail: [email protected]

Content of announcement in English

Title

AS Ekspress Grupp completed the sales transaction of AS Ekspress Hotline

Message

On 25 February 2010, AS Ekspress Grupp concluded an agreement on completion of
the sales transaction of AS Ekspress Hotline. The final amount of the
transaction was EEK 75.2 million (EUR 4.8 million). In the course of
negotiations, it was decided to restructure the transaction so that the sales
amount will be paid by the purchaser immediately instead of the earlier
five-year term, and AS Ekspress Grupp will reduce the sales amount to EEK 11.4
million (EUR 0.7 million). The economic results for Q3 2009 included the sales
transaction in the amount of EEK 86.6 million (EUR 5.5 million), therefore AS
Ekspress Grupp additionally writes off goodwill of AS Ekspress Hotline in the
amount of EEK 11.4 million (EUR 0.7 million) in Q4 2009. 



Additional information:
Gunnar Kobin
Chairman of the Management Board
GSM: +372 5188111
e-mail: [email protected]