Arbitration panel’s partial award regarding the sale of Starman
East Capital Explorer AB (publ) today announces that a partial award by an arbitration panel has confirmed that Polaris, a minority shareholder in Starman, has not waived its pre-emption right, thereby enabling Polaris to acquire East Capital Explorer’s 63% interest in Starman Group at the same terms as stipulated in the agreement with Providence Equity, communicated on 14 March 2016. Closing of the sale of Starman is thereby expected to be further delayed. Additional information regarding the process and financial implications will be published once confirmed.The arbitration panel