Increase in share capital recorded in Trade Register

ALMA MEDIA CORP.  STOCK EXCHANGE ANNOUNCEMENT 11 MAY 2005, 11.45   1 (1)
 
INCREASE IN SHARE CAPITAL RECORDED IN TRADE REGISTER
 
Warrants under the 1999 bond with warrants were exercised to subscribe for 108,300 new Series II shares between 12 April 2005 and 25 April 2005, raising the share capital by EUR 45,536.88. The increase in share capital was recorded in the Trade Register on 11 May 2005. The new shares will be admitted for trading on 12 May 2005.
 
The share capital increase now registered is based on the issue of bonds with warrants to company employees approved by the Annual General Meeting held on 24 March 1999. The bond totalled 1 220 000 Finnish markka (EUR 205,189.27) and 1,211,284 shares may still be subscribed for under the attached A and B warrants. The maximum number of new shares that may be subscribed for under these warrants represents 1.72 percent of the total number of shares and 0.37 percent of the votes.
 
According to the resolution of the Board of Directors of Alma Media made pursuant to the terms of the warrant program, the holders of the warrants have the right to subscribe for shares until 30 June 2005, after which any right of subscription shall be forfeited. The change has been made due to the divestment of the Broadcasting division.
 
The current share subscription prices under the warrants are EUR 4.75 for the A warrant and EUR 5.58 for the B warrant.
 
Number of shares and votes after the subscription:
 
 
The share capital following the increase totals EUR 27,018,236.62. Under the bond with warrants to employees the share capital has so far been raised by EUR 562,174.87.
 
 
The new shares carry dividend rights for the financial year 2005.
 
ALMA MEDIA CORPORATION
 
Terhi Lambert
Communications Manager
 
DISTRIBUTION: Helsinki Exchanges, principal media
 
 
  • Date: 11.5.2005, 13:45
  • News type: Stock exchange release

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