RTL Group, the leading European entertainment network, has exercised its put option to sell its 7.5 per cent shareholding in Russia’s National Media Group.

This follows the corresponding announcement in RTL Group’s half-year financial report 2013, published at the end of August.

RTL Group has received a payment of €81 million in the framework of the exercise of its put option and transferred its 7.5 per cent shareholding to one of the current shareholders in National Media Group.

RTL Group has excellent relations with National Media Group and its shareholders. Both sides would welcome future opportunities for cooperation.