TRADING OF ALMA MEDIA'S BOND WARRANTS BEGINS ON 29 MAY
ALMA MEDIA STOCK EXCH. ANNOUNCEMENT 25 MAY 2001, 2.00 PM TRADING OF ALMA MEDIA'S BOND WARRANTS BEGINS ON 29 MAY Trading of the A warrants attached to Alma Media's bond with warrants 1999 will begin on the Helsinki Exchanges on 29 May 2001. Altogether 305 000 A warrants will be listed. The A warrants under the 1999 bond with warrants offered to personnel will be issued to the bond's subscribers on 28 May 2001. Each A warrant may be exercised to subscribe for one Alma Media Series II share of nominal value FIM 10 for EUR 21.96. The warrants are valid between 28 May 2001 and 30 June 2006. The subscription prices are based on the average price of the Series II share in October 1999, which was EUR 20.58. Under the bond's conditions, half of the shares may be subscribed from 28 May 2001 at a price 12 per cent above the calculation price, i.e. for EUR 23.05 per share, and half of the shares from 28 May 2003 at a price 28 per cent above the calculation price, i.e. for EUR 26.34 per share. Dividends paid will be deducted from the subscription prices before subscription. The trading code of the A warrants is ALM2VEW199, the ISIN code is FI0009602924 and the warrants will be traded in lots of 100. Complete terms and conditions at http://www.almamedia.fi/inform/al990308-1.shtml ALMA MEDIA CORPORATION Terhi Lambert Communications Manager Distribution: Helsinki Exchanges, principal media
- Date: 25.5.2001, 08:00
- News type: Stock exchange release
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