Nordea flags changes in its holding in Alma Media

ALMA MEDIA CORPORATION   STOCK EXCHANGE ANNOUNCEMENT  2 Oct  2007, at 15.45 
 
 
 
NORDEA FLAGS CHANGES IN ITS HOLDING IN ALMA MEDIA
 
The company has received information to the effect that the forward contracts in possession of the Swedish corporation Nordea Bank AB (publ) (business ID code 516406-0120) and its Finnish subsidiary Nordea Pankki Suomi Oyj (business ID code 1680235-8) have been extended to longer maturities, and that the holding of Nordea Group and Nordea Pankki Suomi Oyj in Alma Media Corporation has not fallen below 1/20, but is more than 1/10.
 
Nordea Pankki Suomi Oyj's present holding is 9,056,862 shares, representing 12.14% of Alma Media's share capital and voting rights. Furthermore, Nordea Life Assurance Finland Ltd. (business ID 0927072-8), a subsidiary of the Nordea Group, owns 687,069 Alma Media shares, representing approximately 0.92% of the share capital and votes.
 
Nordea Group owns altogether 9,743,931 Alma Media shares, or 13.06% of the share capital and votes.
 
Nordea Pankki Suomi Oyj has made forward contracts on Alma Media Corporation shares. The deals have been made on the Stock Exchange with brokerage firms. 14,206 contracts (1,420,600 shares) mature in October 2007; 9,893 contracts (989,300 shares) mature in December 2007; 47,689 contracts (4,768,900 shares) mature in February 2008; and 17,530 contracts (1,753,000 shares) mature in March 2008. As the forward contracts mature in December 2007, the holding of Nordea Pankki Suomi Oyj and Nordea Group will fall below 1/10, and when the forward contracts mature in February 2008, below 1/20.
 
Nordea Pankki Suomi Oyj has acquired the Alma Media Corporation shares it now owns as part of its liquidity guarantee business.
 
 
ALMA MEDIA CORPORATION
 
Rauno Heinonen
VP, Corporate Communications and IR
 
DISTRIBUTION: Helsinki Exchanges, principal media
 
Alma Media is a profitably growing and internationally expanding company that invests in the future of newspapers and the online media. Its best known products are Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.
 
Net sales in 2006 totalled EUR 302 million and the operating margin was 16 %. The company's share is listed in the Mid Cap segment of the OMX Nordic Exchange's Nordic List, trading code ALN1V. More information at http://www.almamedia.fi/home
  • Date: 2.10.2007, 17:45
  • News type: Stock exchange release

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