Transfer of shares in the joint book-entry account to the company’s own shares
Alma Media Corporation Stock Exchange Release 3 September 2018
TRANSFER OF SHARES IN THE JOINT BOOK-ENTRY ACCOUNT TO THE COMPANY’S OWN SHARES
Alma Media Corporation’s Annual General Meeting decided on 14 March 2018 that the rights to the company’s shares entered in the joint book-entry account and the rights attached to them be forfeited. The decision concerned the 198,658 shares of Alma Media Corporation that were entered in the joint account on the date of the Notice to the Annual General Meeting, 14 February 2018, and which were held as paper certificates by the shareholder. The shares that the shareholder would have validly requested to be registered to the book-entry account designated by the shareholder no later than at 12 noon EET on 14 March 2018 and regarding which the request for conversion after the conversion period would have been finalised by 30 September 2018 would have been deducted from the aforementioned number of shares. Alma Media received no requests for share registration by the specified deadline.
The AGM authorised the Board to take any and all measures required by such a resolution. The provisions on treasury shares shall apply to the forfeited shares in accordance with Chapter 3, Section 14 a, Subsection 3 of the Limited Liability Companies Act. The forfeited shares may be used to implement incentive programmes for the management or key employees, or the shares may be annulled.
On 3 September 2018, Alma Media Corporation owns a total of 236,314 of its own shares, which represent 0.24 per cent of the total number of the company’s shares and related votes.
The total registered number of Alma Media’s shares is 82,383,182, which entitle to 82,383,182 votes.
Mikko Korttila, General Counsel, Alma Media Corporation, tel. +358 10 665 2201
Distribution: NASDAQ Helsinki, main media, www.almamedia.fi
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 digitalisation, 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 2,250 professionals (excluding delivery employees), of which approximately 30% work outside Finland. Alma Media’s revenue in 2017 was EUR 367.3 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.
- Published: 3.9.2018, 14:00
- Category: Releases, Stock exchange release