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
4215
Submission date and time
06.11.2013 16:31:28
Content of announcement in Estonian
Title
AS Ekspress Grupp omandab osaluse UAB-s Adnet Media
Message
Tallinn, Eesti, 2013-11-06 15:31 CET (GLOBE NEWSWIRE) --
AS Ekspress Grupp ja UAB Adnet Media aktsionärid allkirjastasid 6. novembril
2013 aktsiate ostu-müügi lepingu, mille kohaselt AS Ekspress Grupp omandab
49%-lise osaluse Leedu ettevõttes UAB Adnet Media, mis tegeleb
internetireklaami müügiga Eestis, Lätis ja Leedus. Ekspress Grupp saab ka
optsiooni 2017. aasta esimeses kvartalis omandada ülejäänud 51% UAB Adnet Media
aktsiatest.
Omandamise eesmärgiks on reklaamitoodete portfelli suurendamine online-meedia
segmendis. Tehing ei ole käsitletav tehinguna seotud isikuga ja emitendi
nõukogu ega juhatuse liikmed ei ole tehingust muul viisil isiklikult huvitatud.
Lisainformatsioon:
Gunnar Kobin
Juhatuse esimees
GSM: +372 5188111
e-mail: [email protected]
Content of announcement in English
Title
AS Ekspress Grupp acquires holding in UAB Adnet Media
Message
Tallinn, Estonia, 2013-11-06 15:31 CET (GLOBE NEWSWIRE) --
Today, on 6 November 2013, the shareholders of AS Ekspress Grupp and UAB Adnet
Media signed an agreement of purchase and sale of shares, according to which AS
Ekspress Grupp acquires 49% holding in Lithuanian company UAB Adnet Media.
Adnet Media is engaged in internet advertising sales in Estonia, Latvia and
Lithuania. Ekspress Grupp will also get an option to acquire the remaining 51%
of the shares of UAB Adnet Media in the first quarter of 2017.
The purpose of the acquisition is to enlarge the advertising product portfolio
in the online media segment. The transaction can’t be treated as a transaction
with a related party and the members of the supervisory and management board do
not have any personal interest in the transaction.
Additional information:
Gunnar Kobin
Chairman of the Management Board
GSM: +372 5188111
e-mail: [email protected]