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

Categories

Other price sensitive information

Unique data record identifier

3407

Submission date and time

01.07.2011 17:24:00

Content of announcement in Estonian

Title

AS Ekspress Grupp esitas Konkurentsiametile koondumise teate

Message

Tallinn, Eesti, 2011-07-01 16:24 CEST (GLOBE NEWSWIRE) --


Kooskõlas Konkurentsiameti 16.05.2011 ettekirjutusega nr 5.1-5/11-010 esitas AS
Ekspress Grupp täna, 1. juulil 2011 koondumise teate valitseva mõju omandamise
kohta Eesti Päevalehe AS-i üle. Koondumine on toimunud. Koondumise kohta ei
esitatud varem Konkurentsiametile teadet, kuna tegemist ei olnud
traditsioonilise kahe- või mitmepoolse tehinguga (nt ühinemine, aktsiate
ostmine, täiendavate aktsiate emiteerimine vms). AS Ekspress Grupp omandas
faktilise valitseva mõju AS-i Ekspress Grupp ühepoolse otsusega finantseerida
Eesti Päevalehe AS-i tegevust olukorras, kus teine aktsionär ei soovinud seda
teha. 


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

Content of announcement in English

Title

AS Ekspress Grupp submitted concentration notification to the Estonian Competition Authority

Message

Tallinn, Estonia, 2011-07-01 16:24 CEST (GLOBE NEWSWIRE) --


Pursuant to the precept 5.1-5/11-010 by the Estonian Competition Authority on
16 May 2011, AS Ekspress Grupp today submitted concentration notification
regarding acquisition of dominant influence on Eesti Päevalehe AS. The
concentration has already been carried out. The concentration notification to
the Estonian Competition Authority was not submitted earlier as it was not a
traditional bilateral or multilateral transaction (e.g. merger, share purchase,
issue of additional shares etc). AS Ekspress Grupp acquired de facto dominance
with the Group's unilateral decision to finance the activity of Eesti Päevalehe
AS in the situation, where the other shareholder did not wish to do so. 


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