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

6248

Submission date and time

21.08.2017 16:33:15

Content of announcement in Estonian

Title

AS Ekspress Grupp: ettevõtte omandamine

Message

Tallinn, Eesti, 2017-08-21 15:33 CEST (GLOBE NEWSWIRE) --


AS Ekspress Grupp ja UAB Adnet Media aktsionärid allkirjastasid 6. novembril
2013 aktsiate ostu-müügi lepingu, mille kohaselt AS Ekspress Grupp omandas
49%-lise osaluse Leedu ettevõttes UAB Adnet Media, mis tegeleb
internetireklaami müügiga Eestis, Lätis ja Leedus. Ekspress Grupp sai ka
optsiooni omandada 2017. aastal ülejäänud 51% ettevõttest UAB Adnet Media. 

AS Ekspress Grupp on esitanud Leedu Konkurentsiametile koondumise teate. Leedu
Konkurentsiametilt loa saamisel omandab AS Ekspress Grupp 100%-lise osaluse
ettevõttes UAB Adnet Media. 


         Lisainformatsioon:
         Mari-Liis Rüütsalu
         Juhatuse esimees
         GSM: +372 512 2591
         e-mail: [email protected]

Content of announcement in English

Title

AS Ekspress Grupp: Acquisition of a company

Message

Tallinn, Estonia, 2017-08-21 15:33 CEST (GLOBE NEWSWIRE) --


On 6th of 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 acquired 49% holding in Lithuanian company UAB Adnet Media.
Adnet Media is engaged in internet advertising sales in Estonia, Latvia and
Lithuania. Ekspress Grupp also got an option to acquire the remaining 51% of
the shares of UAB Adnet Media in 2017. 

AS Ekspress Grupp has submitted a notice to the Lithuanian Competition Council.
Upon approval from the Lithuanian Competition Council, AS Ekspress Grupp will
acquire 100% of the shares of UAB Adnet Media. 


         Additional information:
         Mari-Liis Rüütsalu
         Chairman of the Management Board
         GSM: +372 512 2591
         e-mail: [email protected]