Sanoma completes the divestment of its stake in the Finnish telecommunications group DNA

Sanoma completes the divestment of its stake in the Finnish telecommunications group DNA

ID: 125538

(Thomson Reuters ONE) -


Stock Exchange Release 16/03/2012  11:45

The divestment of Sanoma's stake in DNA Ltd, announced on 23 February 2012, has
been closed today. In the transaction Sanoma sold its entire 21.11% shareholding
of DNA Ltd and received a EUR 181.5 million cash consideration for the
shareholding. As a result of the transaction, Sanoma will book in the first
quarter of 2012 a non-recurring capital loss of some EUR 17 million.

Sanoma Corporation




Kim Ignatius
Chief Financial Officer

Additional information: Sanoma's Investor Relations, Martti Yrjö-Koskinen tel.
+358 105 19 5064 or ir(at)sanoma.com

Sanoma.com

Sanoma inspires, informs and connects. As a diversified media group, we bring
information, experiences, education and entertainment to millions of people
every day. We make sure that quality content and interesting products and
services are easily available and meet the demands of our readers, viewers and
listeners. We offer a challenging and interesting working environment for nearly
15,000 people in over 20 countries. In 2011, the Group's net sales totalled EUR
2.7 billion.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Sanoma Oyj via Thomson Reuters ONE

[HUG#1594620]




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Bereitgestellt von Benutzer: hugin
Datum: 16.03.2012 - 10:45 Uhr
Sprache: Deutsch
News-ID 125538
Anzahl Zeichen: 1824

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