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 corporate action
Unique data record identifier
7534
Submission date and time
18.10.2019 16:30:00
Content of announcement in Estonian
Title
Läti A/S Delfi omandab osaluse finantstoodete võrdlus- ja vahendusportaali ettevõttes SIA Altero
Message
18. oktoobril 2019 sõlmis ASi Ekspress Grupp 100%line tütarettevõte A/S Delfi lepingu 25,5% aktsiate omandamiseks finantstoodete võrdlus- ja vahendusportaali ettevõttes SIA Altero. SIA Altero haldab finantstoodete võrdlus- ja vahendusportaali Lätis (Altero.lv (https://www.altero.lv/)) ning 2019. aasta kevadest ka Leedus (Altero.lt (https://www.altero.lt/)). Alates turule toomisest 2016. aasta juunis on enam kui 90 000 Altero klienti võrrelnud tarbimislaenude, autolaenude ja muude toodete finantspakkumisi. Ettevõte on juhtiv finantstoodete võrdluse pakkuja Lätis ja Leedus. Altero asutajad Sandis Grinfelds ja Arturs Kostins jätkavad aktiivset osalemist ettevõtte juhtimises. Pooled on kokku leppinud, et nad ei avalda tehingu hinda ega muid tingimusi. Omandamise eesmärk on suurendada grupi digitulude osakaalu ja arendada grupi mitmekülgset digiäri. Tehingut ei loeta olulist tähtsust omavaks NASDAQ Tallinna Börsi reglemendi osa ?Nõuded emitentidele" kohaselt. AS Ekspress Grupp kinnitab, et A/S Delfi ega ASi Ekspress Grupp juhtorganite liikmed ei ole tehingust isiklikult huvitatud. A/S Delfi haldab Läti populaarseimat uudisportaali delfi.lv (https://www.delfi.lv/). Portaali kasutab iga kuu üle 800 000 kasutaja. Alates 2007. aastast kuulub A/S Delfi meediakontserni AS Ekspress Grupp. Signe Kukin Kontserni finantsjuht AS Ekspress Grupp +372 669 8381 [email protected] (mailto:[email protected]) AS Ekspress Grupp on Baltimaade juhtiv meediakontsern, mille tegevus hõlmab veebimeedia sisutootmist, ajalehtede ja ajakirjade kirjastamist ning trükiteenuste osutamist Eestis, Lätis ja Leedus. Ekspress Grupp, mis alustas oma tegevust 1989. aastal, annab tööd 1700 inimesele, omab Baltimaades juhtivaid online-meedia portaale, annab välja kõige populaarsemaid päeva- ja nädalalehti ning enamikku Eesti kõige populaarsemaid ajakirju.
Content of announcement in English
Title
Latvian A/S Delfi acquires a stake in financial comparison platform company SIA Altero
Message
On October 18, 2019, A/S Delfi, 100% subsidiary of AS Ekspress Grupp, signed a contract to acquire a 25.5% of shares in financial comparison and brokerage platform company SIA Altero. SIA Altero operates the financial comparison and brokerage platform in Latvia (Altero.lv (https://www.altero.lv/)) and starting from spring 2019 also in Lithuania (Altero.lt (https://www.altero.lt/)). More than 90,000 Altero clients have compared financial offers for consumer loans, car loans and other products since the launch in June 2016. The company is a leading financial comparison service provider in Latvia and Lithuania. The founders of Altero, Mr. Sandis Grinfelds and Mr. Arturs Kostins will continue active participation in the management of the company. The parties have agreed not to disclose the price or other conditions of the transaction. The aim of the acquisition is to increase the share of group's digital revenues and develop the group's diversified digital business footprint. The transaction is not to be treated as a significant transfer for the purposes of the "Requirements for Issuers" section of the NASDAQ Tallinn Stock Market rules. AS Ekspress Grupp confirms that neither A/S Delfi nor AS Ekspress Grupp's board members are in any way personally interested in the transaction. A/S Delfi manages the most popular Latvian news portal delfi.lv (https://www.delfi.lv/). It has more than 800 thousand monthly users. Since 2007, A/S Delfi belongs to the media group AS Ekspress Grupp. Signe Kukin Group CFO AS Ekspress Grupp +372 669 8381 [email protected] (mailto:[email protected]) AS Ekspress Grupp is the leading media group in the Baltic States whose key activities include web media content production, publishing of newspapers and magazines and provision of printing services in Estonia, Latvia and Lithuania. Ekspress Grupp that launched its operations in 1989 employs 1700 people, owns leading web media portals in the Baltic States and publishes the most popular daily and weekly newspapers as well as the majority of the most popular magazines in Estonia.