Alma Media Corporation Stock exchange release March 23, 2011 at 9:30 (EET)
THE INCREASE OF ALMA MEDIA CORPORATION'S SHARE CAPITAL BASED ON OPTION PROGRAMME 2006B
The stock option rights granted under Alma Media Corporation's option programme 2006B have been used to subscribe to a total of 77,000 new Alma Media Corporation shares by March 4, 2011. Based on these subscriptions, a total of EUR 46,200 will be recorded in the company's share capital and EUR 589,050 in the share premium fund.
The increase in share capital has been entered in the Trade Register today. Public trading of the new shares will commence on NASDAQ OMX Helsinki Stock Exchange together with the old shares on March 24, 2011.
In accordance with the terms and conditions of Alma Media's 2006 option programme, the share subscription price for the 2006B option rights was EUR 8.25 per share and the book countervalue EUR 0.60 per share. As a result of the share subscriptions made with the 2006B option rights, the registered share capital of Alma Media Corporation rose to EUR 45,077,713.80.
After the increase in share capital, the total number of Alma Media Corporation's shares is 75,129,523.
The terms and conditions of the stock option programme 2006 can be viewed at Alma Media website, www.almamedia.fi/option_programmes.
During 2011, the timetable for share subscriptions based on option programme 2006 is as follows:
|Share subscription deadline||Entry into the Trade Register||New shares tradable|
|30 Apr 2011||17 May 2011||18 May 2011|
|19 Jul 2011||4 Aug 2011||5 Aug 2011|
|25 Oct 2011||10 Nov 2011||11 Nov 2011|
|19 Dec 2011||5 Jan 2012||6 Jan 2012|
Dividend rights of the shares and other shareholder rights commence after the increase in share capital has been entered in the Trade Register. After subscription, the shares shall have the same dividend rights as other Alma Media shares.
Alma Media Corporation
Vice President, Corporate Communications and IR
Tuomas Itkonen, CFO, tel. +358 10 665 2244
Distribution: NASDAQ OMX Helsinki, main media
Alma Media in brief
Alma Media is a dynamic media company whose best-known products are Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs approximately 2,800 professionals. The company's net sales in 2010 totalled MEUR 311.4 with an operating margin of 13.9 per cent. Alma Media's share (ALN1V) is listed in the NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.fi