Disposal of own shares based on the key management long-term incentive programme of Alma Media Corporation
Alma Media Corporation Stock Exchange Release 12 March 2020 at 5.00 p.m.
DISPOSAL OF OWN SHARES BASED ON THE KEY MANAGEMENT LONG-TERM INCENTIVE PROGRAMME OF ALMA MEDIA CORPORATION
A total of 158 784 of Alma Media Corporation’s treasury shares are conveyed without consideration and according to the plan terms to the key management participating in the LTI 2015 I, LTI 2015 III & LTI 2015 IV 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 15 March 2019.
Following the directed share issue, the number of treasury shares now stands at 31 011 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 dynamic digital service business and media company with a strong capacity for renewal. The company’s best-known brands are Kauppalehti, Talouselämä, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth expanding its offering from media to related digital services fulfilling the needs of users’ everyday life as consumers and as professionals in business. Alma Media operates in 11 countries in Europe. Alma Media employs approximately 1,800 professionals. Alma Media’s revenue from continuing operations was EUR 250.2 million in 2019. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com
- Published: 12.3.2020, 17:00
- Category: Stock exchange release