The supervisory board of AS Ekspress Grupp decided on 2 May 2024 to increase the share capital of the company by 97,500.60 euros for the realisation of the option programme (information on which can be found here).
The increase of the share capital and issue of new shares was directed to the option holders, who have subscribed for all 162,501 issued shares on time. The share capital increase has been entered in the Commercial Register on 20.05.2024. The new share capital of AS Ekspress Grupp is 18,575,605.20 euros, which is divided into 30,959,342 shares with the nominal value of 0.6 euros per share.
AS Ekspress Grupp has submitted an application for listing and admission to trading of the new shares on Nasdaq Tallinn Stock Exchange and has informed the stock exchange of the entry of the increase of the share capital in the Commercial Register on 21.05.2024.
Additional information
Argo Rannamets
AS Ekspress Grupp
Group CFO
argo.rannamets@egrupp.ee
AS Ekspress Grupp is the leading Baltic media group whose key activities include web media content production, and publishing of newspapers, magazines and books. The Group also operates an electronic ticket sales platform and ticket sales offices and offers outdoor screen service in Estonia and Latvia. Ekspress Grupp launched its operations in 1989 and employs almost 1,100 people.
