Announcement pursuant to the Securities Act, Chapter 9, Section 5: Ownership of Otava Oy in Alma Media Corporation
Alma Media Corporation Stock Exchange Release 20 June 2023 at 8.00 a.m.
ANNOUNCEMENT PURSUANT TO THE SECURITIES ACT, CHAPTER 9, SECTION 5: OWNERSHIP OF OTAVA OY IN ALMA MEDIA CORPORATION
Alma Media Corporation has received a notification on June 16, 2023, pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act, that Otava’s holding of the shares and votes in Alma Media has exceeded the threshold of 30%.
Issuing company and its business ID: Alma Media Corporation, 1944757-4
Complete name and business ID of the shareholder: Otava Oy, 0822255-6
Basis of announcement: Acquisition or disposal of shares or voting rights
Date of transaction and exceeding the threshold: 15 June 2023
Total position of Otava subject to the notification:
| % shares and voting rights | Total number of shares and voting rights of issuer | |
| Resulting situation on the date on which the threshold was crossed or reached | 30.01% | 82 383 182 |
| Position of previous notification | 29.04% |
Notified details of the resulting situation on the date on which the threshold was crossed:
| A: shares and voting rights | ||||
| Class/type of sharesISIN-code | Number of shares and voting rights | % of shares and voting rights | ||
| FI0009013114 | 24 723 705 | 30.01% | ||
| A TOTAL | 24 723 705 | 30.01% | ||
ALMA MEDIA CORPORATION
Elina Kukkonen
SVP, Communications and Brand
Distribution: NASDAQ Helsinki, main media, www.almamedia.fi/en
Alma Media in brief
Alma Media is an international company of digital media, marketplaces and services with a strong capacity for renewal. We inspire human curiosity and choice by creating services that combine technology and content with a local heart. In Finland, our best-known brands include Kauppalehti, Talouselämä, Iltalehti, Jobly, Etuovi.com, Nettiauto and Nettimoto. Our recruitment services include prace.cz and jobs.cz in the Czech Republic, Profesia.sk in Slovakia and mojposao.net in Croatia.
In Finland, our business operations include leading housing and automotive marketplaces, financial and professional media, national consumer media and content and data services for businesses and professionals. Alma Media’s international business in Eastern Central Europe, Sweden and the Baltic countries consists of recruitment services and an online marketplace for commercial properties.
Alma Media operates in 11 countries in Europe and employs approximately 1,700 professionals. Alma Media’s revenue from continuing operations was EUR 309 million in 2022 of which the share of digital business was 81%. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.fi/en/.