Final result of Alma Media Corporation’s tender offer fo all shares in Talentum Oyj

Alma Media Corporation Stock Exchange Release 19 November 2009 at 10.45

 

FINAL RESULT OF ALMA MEDIA CORPORATION’S TENDER OFFER FOR ALL SHARES IN TALENTUM OYJ

 

The mandatory tender offer (the “Tender Offer”) by Alma Media Corporation (“Alma Media”) for all issued and outstanding shares in Talentum Oyj (“Talentum”), commenced on 19 August 2009, expired on 16 November 2009 at 4:0 p.m. (Finnish time) pursuant to the terms and conditions of the Tender Offer.

 

The final result of the tender offer corresponds with the preliminary result Alma Media disclosed on 17 November 2009. According to the final result of the Tender Offer, a total of 661,295 Talentum’s shares representing approximately 1.49 per cent of all votes in Talentum have been tendered to Alma Media in the Tender Offer in accordance with its terms and conditions. Taking into account the abovementioned shares, Alma Media Group’s holding in Talentum will rise to 14,236,295 shares which represents approximately 32.14 per cent of all votes in Talentum and 32.64 per cent of votes when taking into account 681,000 shares held by Talentum which do not carry a voting right.

 

In accordance with the terms and conditions of the Tender Offer and as previously announced, the trade date for the shares will be 20 November 2009 and the consideration, in accordance with the Tender Offer, will be paid to all Talentum shareholders having accepted the Tender Offer on or about 25 November 2009.

 

Alma Media Corporation

Rauno Heinonen

Vice President, Corporate Communications and IR

 

Additional information:

Kai Telanne, President and CEO, tel. +358 10 665 3500

 

DISTRIBUTION

NASDAQ OMX Helsinki

Main media

 

Alma Media in brief

 

Alma Media is a profitable and internationally expanding company that invests in the future of newspapers and online media. Its best known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.

Net sales in 2008 totalled EUR 341 million and the operating margin was over 14%. The company’s share is listed in the Mid Cap segment of the NASDAQ OMX Helsinki. Please visit www.almamedia.com for further information.