Preliminary result of Alma Media Corporation's tender offer for all
shares in Talentum Oyj
(Thomson Reuters ONE) - Alma Media Corporation Stock Exchange Release 17 November 2009 at13.15PRELIMINARY RESULT OF ALMA MEDIA CORPORATION'S TENDER OFFER FOR ALLSHARES IN TALENTUM OYJThe mandatory tender offer (the "Tender Offer") by Alma MediaCorporation ("Alma Media") for all issued and outstanding shares inTalentum Oyj ("Talentum"), commenced on 19 August 2009, expired aspreviously announced on 16 November 2009 at 4:00 p.m. (Finnish time).Alma Media announced on 6 November 2009 that the Finnish CompetitionAuthority approved the Talentum acquisition and the precondition forthe completion of the Tender Offer was thus fulfilled.According to the preliminary result of the Tender Offer, shareholdersholding a total of 661,295 Talentum's shares and representingapproximately 1.49 per cent of all votes in Talentum have tenderedtheir shares in the Tender Offer in accordance with its terms andconditions. When taking into account the abovementioned shares, AlmaMedia Group's holding in Talentum will rise to 14,236,295 shareswhich represents approximately 32.14 per cent of all votes inTalentum and 32.64 per cent of votes when taking into account 681,000shares held by Talentum which do not carry a voting right.The final result of the Tender Offer will be published on 19 November2009.Kai Telanne, President and CEO of Alma Media, states the following:- The approval of the Competition Authority makes it possible for usto complete the mandatory tender offer and allows latitude in respectof our ownership in Talentum in the future. Talentum's recentstatements regarding short-term outlook, amongst others, support ourview of the offered price for the company's shares being on a correctlevel. Since the board of directors of Talentum did not recommendaccepting the tender offer, the low acceptance rate was expected.In accordance with the terms and conditions of the Tender Offer, theTender Offer will be executed and the consideration will be paid toall Talentum shareholders having accepted the Tender Offer. The saleand purchase of the shares will be executed on or about 20 November2009 at the latest and will be settled on or about 25 November 2009at the latest.The payment of the offer price for the shares will be deposited onthe settlement date in the account connected to the shareholder'sbook-entry account or, in the case of shareholders whose holdings areregistered in the name of a nominee, in the bank account specified inthe acceptance form. If the shareholder's bank account is with adifferent banking institution than such shareholder's book-entryaccount, the offer price will be on the shareholder's bank account inaccordance with the schedule for payment transactions betweenfinancial institutions, approximately on the second Finnish bankingday following the payment.Alma Media CorporationRauno HeinonenCorporate Communications and IRAdditional information:Kai Telanne, President and CEO, tel. +358 10 665 3500DISTRIBUTIONNASDAQ 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 is listed in the Mid Cap segment ofthe NASDAQ OMX Helsinki. Please visit www.almamedia.com for furtherinformation.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 17.11.2009 - 12:15 Uhr
Sprache: Deutsch
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