AS Ekspress Grupp sells a shareholding in a Lithuanian company UAB Lrytas

Group 1 - AS Ekspress Grupp has signed a sale and purchase agreement to sell its 100% shareholding in UAB Lrytas to UAB Admisa, with the transaction expected to be completed by the end of 2025 [1][2] - UAB Lrytas operates the popular Lithuanian news portal lrytas.lt, established in 2006, and employs about 60 people [1] - The transaction will incur a one-off net loss of approximately EUR 2.3 million for AS Ekspress Grupp [2] Group 2 - The sale follows a prolonged regulatory process initiated in 2023 by the Competition Council regarding Ekspress Grupp's acquisition of Lrytas, which has now been approved [2] - The transaction is not classified as significant under the NASDAQ Tallinn Stock Exchange regulations, and there is no personal interest from the Group's Management and Supervisory Board members [3] - AS Ekspress Grupp is a leading Baltic media group involved in web media content production, publishing, electronic ticket sales, and organizing events, employing around 1000 people [3]