 BEIJING, Dec. 23, 2020 GLOBE NEWSWIRE -- Wanda Sports Group Company Limited the Company or Wanda Sports Group NASDAQ: WSG today announced that, in connection with the offer the Offer launched today by Wanda Sports Media Hong Kong Holding Co. Limited to acquire all of the issued and outstanding class A ordinary shares of the Company the Class A Ordinary Shares, including all Class A Ordinary Shares represented by American depositary shares of the Company ADSs, with every two ADSs representing three Class A Ordinary Shares, the Companys board of directors the Board has approved the termination of the Deposit Agreement, dated as of July 26, 2019 and as amended, by and among the Company, Deutsche Bank Trust Company Americas, and holders and beneficial owners of ADSs issued thereunder the Deposit Agreement. Notice is being provided to holders of ADSs of the termination of the Deposit Agreement the Notice, which is expected to become effective on January 29, 2021, the expected date of the expiration of the Offer. The Board has also approved seeking the delisting of the ADSs from the Nasdaq Global Select Market the Delisting as a result of the termination of the Deposit Agreement. The delisting is expected to occur on or about January 29, 2021. 