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
9056
Submission date and time
03.09.2021 09:21:35
Content of announcement in Estonian
Title
Printalli aktsiate müügilepingu sõlmimine
Message
Kooskõlas ASi Ekspress Grupp 13.07.2021 erakorralise üldkoosoleku otsusega
allkirjastasid AS Ekspress Grupp ja OÜ Trükitung 3. septembril 2021
müügilepingu, mille kohaselt müüb Ekspress Grupp kõik endale kuuluvad Printalli
(registrikood 10092701) aktsiad Trükitung OÜ-le järgmistel põhitingimustel:
1. aktsiate müügileping põhineb ettevõtte väärtusel (Enterprise Value), milleks
on 10 miljonit eurot, millele aktsiate üleandmise seisuga lisandub ettevõtte
vaba raha ja millest lahutatakse laenukohustused;
2. ostuhinnast 1 miljon eurot sõltub Printalli 2025. majandusaasta tulemustest,
kusjuures 700 000 eurot sellest moodustab ajatatud makse kuni ettevõtte
2025. majandusaasta tulemuste selgumiseni;
3. Ekspress Grupp ja Printall jätkavad koostööd.
Tehingu tulemusena vähenevad esialgse hinnangu kohaselt emitendi varad 7,2
miljonit eurot, kohustused 5,0 miljonit eurot ja ühekordne puhaskahjum on 2,2
miljonit eurot. Tehingut ei loeta olulist tähtsust omavaks NASDAQ Tallinna börsi
reglemendi osa ?Nõuded emitentidele" kohaselt. Ekspress Grupp kinnitab, et
kontserni juhatus ja nõukogu liikmed, v.a Hans Luik, ei ole tehingust isiklikult
huvitatud. Tehing viiakse lõpule kolmanda kvartali jooksul.
Lisainfo
Signe Kukin
Kontserni finantsjuht
AS Ekspress Grupp
Tel: +372 669 8381
E-kiri: [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. Samuti haldab kontsern
elektroonilist piletimüügiplatvormi ja piletimüügikohtasid Lätis. Ekspress
Grupp, mis alustas oma tegevust 1989. aastal, annab tööd ligi 1600 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
Entering into a contract for the sale of Printall shares
Message
In accordance with the resolution of the Extraordinary General Meeting of
Shareholders of AS Ekspress Grupp from 13 July 2021, AS Ekspress Grupp and OÜ
Trükitung concluded a share sales agreement on 3(rd) September 2021, according
to which Ekspress Grupp will sell all shares that it owns in Printall (registry
code 10092701) to Trükitung OÜ under the following basic conditions:
1. The share sales agreement is based on enterprise value of EUR 10 million,
i.e. as at the closing available cash will be added and loan obligations
will be deducted from the aforesaid amount;
2. EUR 1 million of the sales price will depend on the results of the financial
year 2025 of Printall, including the deferred part of the sales price in the
amount of EUR 700,000 which will be paid after the financial results of
Printall in 2025 are known;
3. Ekspress Grupp and Printall will continue their cooperation.
According to the preliminary estimate, the transaction will result in the
reduction of the issuer's assets by EUR 7.2 million and liabilities by EUR 5.0
million, and the one-off net loss will be EUR 2.2 million. The transaction is
not considered as a significant transaction according to the rules and
regulations of the NASDAQ Tallinn Stock Exchange "Requirements for Issuers".
Ekspress Grupp confirms that the members of the Group's Management and
Supervisory Boards, other than Hans Luik, are not personally interested in the
transaction. The transaction will be completed during the third quarter.
Additional information
Signe Kukin
CFO of the Group
AS Ekspress Grupp
+372 669 8381
[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 almost 1600 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.