Share subscription price with stock options 2009B and market value of stock options 2009B
Alma Media Corporation Stock Exchange Release May 27, 2010 at 9.00 (EEST)
SHARE SUBSCRIPTION PRICE WITH STOCK OPTIONS 2009B AND MARKET VALUE OF STOCK OPTIONS 2009B
The share subscription price for a stock option 2009B is EUR 7.33/share (the trade volume weighted average quotation of the share on the NASDAQ OMX Helsinki Oy during April 1-April 30, 2010). Each year the dividend is deducted from the subscription price.
A total of 710,000 new shares or existing shares held by the Company can be subscribed for with stock options 2009B. The share subscription period for stock options 2009B will be April 1, 2013-March 31, 2015.
The theoretical market value of a stock option 2009B is EUR 2.02/stock option. The theoretical market value of all of the stock options 2009B is thus approximately EUR 1.4 million. The theoretical market value of one stock option has been calculated through the use of Black & Scholes stock option pricing model with the following input factors: share price EUR 7.31, share subscription price EUR 7.33, risk free rate 1.9%, validity of stock options 5 years and volatility 27.6%.
The terms and conditions of the Stock Options 2009 are available on the Company’s internet pages www.almamedia.fi.
Further information:
Tuomas Itkonen, CFO, tel. +358 10 665 2244
Mikko Korttila, General Counsel, tel. +358 10 665 2201.
Alma Media Corporation
Mikko Korttila
General Counsel
DISTRIBUTION
NASDAQ OMX Helsinki Ltd.
Main Media
Alma Media in brief
Alma Media is a profitable and internationally expanding company with a focus on the future of newspapers and online services. Its best known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.
Alma Media’s net sales in 2009 totalled MEUR 307.8 with an operating margin of 13.5 per cent. The company’s share (ALN1V) is listed in the NASDAX OMX Helsinki Exchange. Read more at www.almamedia.fi
- Published: 27.5.2010, 11:00
- Category: Releases, Stock exchange release