Alma Media: Announcement pursuant to the Securities Act, Chapter 2, Section 10

Alma Media Corporation Stock Exchange Announcement 14 March 2008 at 18:05
 
ALMA MEDIA: ANNOUNCEMENT PURSUANT TO THE SECURITIES ACT, CHAPTER 2, SECTION 10
 
Alma Media Corporation has been informed that Helsingin Mekaanikontalo Oy (trade register number 1076761-9) has sold its forward contracts, and the company holds currently 50 000 forward contracts that mature in March 2008. Pursuant to the Securities Act, Chapter 2, Section 10 we inform, that if these forward contracts will be converted into Alma Media shares, the shareholding of Helsingin Mekaanikontalo Oy in Alma Media would fall below 1/10 and would represent 6.70% of Alma Media's share capital and voting rights.
 
Alma Media announced on 29 February 2008 that Helsingin Mekaanikontalo Oy holds 95,565 forward contracts that mature on March 2008. If these forward contracts would have been converted into Alma Media shares, the holding of Helsingin Mekaanikontalo would have been 12.81%, thus exceeding 1/10.
 
Helsingin Mekaanikontalo Oy is a company controlled by Ahti Vilppula, a member of Alma Media's Board of Directors. To Alma Media's knowledge, the holdings of the companies controlled by Ahti Vilppula in Alma Media are as follows:
 
 


 
Number of shares
Maturity date for forward contratcs
Procomex SA
 
 
Holdings of Procomex SA
9,801
 
Forward contracts of Procomex SA
0
 
Helsingin Mekaanikontalo Oy
 
 
Holdings of Helsingin Mekaanikontalo Oy
300
 
Forward contracts of Helsingin Mekaanikontalo Oy
5,000,000
March 2008
 
In addition to the holdings presented above, Mr. Ahti Vilppula holds directly 798 Alma Media shares. Subject to the conversion of the forward contracts into Alma Media shares, the combined holding of Procomex SA, Helsingin Mekaanikontalo Oy and Ahti Vilppula in Alma Media Corporation is 6.71% (5,010,101 shares).
 
Alma Media Corporation's (business ID 1944757-4) share capital is EUR 44,767,513.80 and it is divided into 74,612,523 shares. The company has one series of shares. Each share entitles to one voting right. The total number of voting rights is 74,612,523.
 

ALMA MEDIA CORPORATION
 
Rauno Heinonen
Vice President, 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 2007 totalled EUR 329 million and the operating margin was above 19 %. 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 www.almamedia.fi
  • Date: 14.3.2008, 19:05
  • News type: Stock exchange release

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