Alma Media Corporation extends the extended offer period of the
tender offer made for shares in Tale
(Thomson Reuters ONE) - Alma Media Corporation Stock Exchange Release 14 October 2009 at9:00ALMA MEDIA CORPORATION EXTENDS THE EXTENDED OFFER PERIOD OF THETENDER OFFER MADE FOR SHARES IN TALENTUM OYJ TO END ON 16 NOVEMBER2009 AT 4:00 P.MAlma Media Corporation ("Alma Media") announced on 10 August 2009that it will make a mandatory public tender offer for all of theissued and outstanding shares in Talentum Oyj ("Talentum") (the"Tender Offer"). The consideration offered for each share in Talentumvalidly tendered in accordance with the terms and conditions of theTender Offer is EUR 1.85 in cash.The Tender Offer commenced on 19 August 2009 at 9:30 a.m. (Finnishtime) and was announced to end on 15 September 2009 at 4:00 p.m.(Finnish time) unless the Tender Offer is extended or discontinued inaccordance with its terms and conditions (the "Offer Period").According to the terms and conditions of the Tender Offer, the TenderOffer is subject to that all regulatory approvals and other permitsand approvals required for the completion of the Tender Offer,including clearances from competition authorities, have been receivedon terms and conditions that are acceptable to Alma Media (the"Condition to Complete"). Alternatively, Alma Media may, to theextent possible under the law, waive this precondition for thecompletion. In addition, it is stated in the terms and conditions ofthe Tender Offer that if the Condition to Complete is not fulfilleddue to a specific obstacle, such as pending competition lawproceedings, Alma Media may extend the Offer Period until theobstacle has been removed and Alma Media has had reasonable time torespond to the situation.Alma Media published a stock exchange release on 9 September 2009informing that the Competition Authority has referred the TenderOffer to continued consideration. In addition, Alma Media published astock exchange release on 14 September 2009 informing of its decisionto extend the Offer Period of the Tender Offer by one month, to endon 15 October 2009 at 4:00 p.m. (Finnish time) (the "Extended OfferPeriod").The continued consideration of the Competition Authority is stillpending and according to the information received, the decision willnot be made prior to the expiry of the Extended Offer Period on 15October 2009. Consequently, Alma Media has, in accordance with theterms and conditions of the Tender Offer, decided to extend theExtended Offer Period of the Tender Offer to end on 16 November 2009at 4:00 p.m. (Finnish time).According to the terms and conditions of the Tender Offer, should theOffer period be extended so that its duration exceeds 10 weeks, theacceptance made in accordance with the terms and conditions of theTender Offer can be withdrawn during the period of time of the OfferPeriod exceeding 10 weeks pursuant to the terms and conditions of theTender Offer. The Offer Period exceeds 10 weeks on 28 October 2009.In case the Condition to Complete is not fulfilled during theExtended Offer Period, Alma Media may, according to the terms andconditions of the Tender Offer, decide to further extend the OfferPeriod by announcing that within the Extended Offer Period. AlmaMedia may also discontinue the Extended Offer Period by informing ofthat five (5) banking days before the end of the Extended OfferPeriod at the latest, in case the Offer Period has not exceeded 10weeks. If the Offer Period exceeds 10 weeks, the discontinuance ofthe Extended Offer Period must be informed two weeks prior to theexpiry of the Extended Offer Period.Alma Media CorporationRauno HeinonenCorporate Communications and IRAdditional information:Kai Telanne, President and CEO, tel. +358 10665 3500DISTRIBUTION:NASDAQ OMX HelsinkiMain mediaAlma Media in briefAlma Media is a profitable and internationally expanding company thatinvests in the future of newspapers and online media. Its best knownproducts are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.Net sales in 2008 totalled EUR 341 million and the operating marginwas over 14%. The company's share (ALN1V) is listed on the NASDAQ OMXHelsinki stock exchange.This release may not be released or otherwise distributed, in wholeor in part, in or into Australia, Hong Kong, Japan, South Africa,Canada or the United States. This release is not a tender offerdocument and as such does not constitute an offer or invitation tomake a sales offer. Investors shall accept the Tender Offer for theshares only on the basis of the information provided in a tenderoffer document. Offers will not be made directly or indirectly in anyjurisdiction where either an offer or participation therein isprohibited by applicable law or where any tender offer document orregistration or other requirements would apply in addition to thoseundertaken in Finland.The Tender Offer is not being made in any jurisdiction whereprohibited by applicable law and the tender offer document andrelated acceptance forms will not and may not be distributed,forwarded or transmitted into or from any jurisdiction whereprohibited by applicable law. In particular, the Tender Offer is notbeing made, directly or indirectly, in or into, or by use of thepostal service of, or by any means or instrumentality (including,without limitation, facsimile transmission, telex, telephone or theInternet) of interstate or foreign commerce of, or any facilities ofa national securities exchange of, Australia, Hong Kong, Japan, SouthAfrica, Canada or the United States. The Tender Offer cannot beaccepted by any such use, means or instrumentality or from withinAustralia, Hong Kong, Japan, South Africa, Canada or the UnitedStates.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 14.10.2009 - 08:01 Uhr
Sprache: Deutsch
News-ID 6881
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