Alma Media > Releases > Stock exchange release > Disposal of own shares based on the key management Long-Term Incentive Programme of Alma Media Corporation

Disposal of own shares based on the key management Long-Term Incentive Programme of Alma Media Corporation

Alma Media Corporation       Stock Exchange Release          28 April 2017 at 10:00 a.m. (EEST)

DISPOSAL OF OWN SHARES BASED ON THE KEY MANAGEMENT LONG-TERM INCENTIVE PROGRAMME OF ALMA MEDIA CORPORATION

A total of 67,272 of Alma Media Corporation’s treasury shares are conveyed without consideration and according to the plan terms to the key management participating in the Fixed Matching Share Plan LTI 2015 I of the company’s Long-Term Incentive Programme launched in 2015. Alma Media announced the incentive plan in a stock exchange release issued on 27 February 2015. 

The directed share issue is based on an authorization given by the Annual General Meeting held on 22 March 2017.

Following the directed share issue, the number of treasury shares now stands at 69,437 shares.

ALMA MEDIA CORPORATION

Board of Directors

For more information, please contact:

Mikko Korttila, General Counsel, Alma Media Corporation, tel. +358 10 665 2201

Alma Media in brief

Alma Media is a media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth for its customers by utilising the opportunities of digitality, including information services, system and expert services and advertising solutions. Alma Media’s operations have expanded from Finland to the Nordic countries, the Baltics and Central Europe. Alma Media employs approximately 2,300 professionals (excluding delivery personnel), of whom approximately 30% work outside Finland. Alma Media’s revenue in 2016 was EUR 353.2 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.

  • Published: 28.4.2017, 10:00
  • Category: Releases, Stock exchange release

Share article