The Financial Supervision Authority registered the public offer prospectus of AS Ekspress Grupp
On 16 March 2007 the Financial Supervision Authority registered the public offer securities prospectus of AS Ekspress Grupp (registry code 10004677).
The Tallinn Stock Exchange registered the shares of AS Ekspress Grupp conditionally on the main list of the stock exchange on 16 March 2007.
The Financial Supervision Authority points out that the shares offered form about 32.26% of the company's share capital after the conclusion of the offer. This holds true if the over allotment option is fully used and the number of shares offered does not change. At the time of the announcement of the offer, Ekspress Grupp has two shareholders: Hans H. Luik with a shareholding of 65.2%, and OÜ HHL Rühm which is fully owned by Hans H. Luik, with a shareholding of 34.8%. Therefore, Ekspress Group remains under Hans H. Luik's control even after the public offer. After the offer, he will control 67.7% of the shares in Ekspress either directly or via OÜ HHL Rühm which means that Hans H. Luik will be able to make or block most of the decisions of the general meeting of shareholders.