Ekspress Grupp

Legal Proceedings Report • Jun 14, 2022

Company	AS Ekspress Grupp
Type	Company Release
Category	Other corporate action
Disclosure time	14 Jun 2022 09:53:10 +0300

Currency

The Supreme Court dismissed the appeal in cassation of MM Grupp OÜ Title

13 June 2022, the Supreme Court dismissed the appeal in cassation of MM Grupp OÜ against AS Ekspress Meedia, a subsidiary that is part of the group of AS Ekspress Grupp pertaining to rebuttal of false data and compensation for damages.

MM Grupp OÜ sought from Ekspress Meedia damages of EUR 2 million for compensation of non-monetary or alternatively, future possible monetary damages related to publication of alleged false factual statements. On 2 February 2022, Tallinn Circuit Court acquitted AS Ekspress Meedia against which MM Grupp OÜ filed an appeal in cassation with the Supreme Court. The Supreme Court did not accept the appeal in cassation and MM Grupp OÜ shall bear the costs of the proceedings in the cassation instance.

AS Ekspress Meedia was advised by Mari Männiko, a sworn advocate from HEED Entsik.

Signe Kukin Group CFO AS Ekspress Grupp Telephone: +372 669 8381 E-mail address: signe.kukin@egrupp.ee (mailto:signe.kukin@egrupp.ee)

AS Ekspress Grupp is the leading media group in the Baltic States whose key activities include web media content production, publishing of newspaper, magazines and books. The Group also manages the electronic ticket sales platform and ticket sales sites in Latvia and Estonia. Ekspress Grupp that launched its operations in 1989 employs 1,400 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.

Finantsinspektsioon http://www.fi.ee