Alma Media Corporation Stock Exchange Release 19 January 2016 at 4:30 p.m. (EET)
ARBITRATORS APPOINTED FOR THE REDEMPTION OF TALENTUM MINORITY SHARES
The Redemption Committee of the Finland Chamber of Commerce has appointed an Arbitral Tribunal consisting of three arbitrators to settle the disagreements over the right of squeeze-out relating to Talentum Corporation (“Talentum”) shares not held by Alma Media Corporation (“Alma Media”) and over the squeeze-out price. The Arbitral Tribunal comprises professor Raimo Immonen (Chairman), attorney Gisela Knuts and attorney Harriet Lagus.
Alma Media announced on 17 November 2015 that it will commence redemption proceedings in respect of all the Talentum shares held by minority shareholders by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Limited Liability Companies Act.
ALMA MEDIA CORPORATION
BOARD OF DIRECTORS
Mikko Korttila, General Counsel, Tel. +358 (0)10 665 2201
Distribution: Nasdaq Helsinki Ltd, Main Media, www.almamedia.fi
Alma Media in Brief
Alma Media is a media group focusing on digital services and publishing. In addition to news services, the company's products provide useful information related to lifestyle, career, and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics, and Central Europe. In 2014, the company employed, on average, 1,830 professionals (excluding distributors), of whom approximately one quarter work outside Finland. Alma Media’s revenue in 2014 totalled approximately EUR 295 million. The company's share is listed on Nasdaq Helsinki Ltd. For more information please visit our website: www.almamedia.fi.