Disposal of own shares based on the key management long-term incentive programme of Alma Media Corporation
Alma Media Oyj Stock Exchange Release 18 March 2019 at 3.05 p.m.
DISPOSAL OF OWN SHARES BASED ON THE KEY MANAGEMENT LONG-TERM INCENTIVE PROGRAMME OF ALMA MEDIA CORPORATION
A total of 136 519 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 II & LTI 2015 III 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 14 March 2018.
Following the directed share issue, the number of treasury shares now stands at 99 795 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 media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth for its customers by utilising the opportunities of digitalisation, including information services, system and expert services and advertising solutions. Alma Media’s operations have expanded from Finland to the Nordic countries, the Baltics and Central Europe. Alma Media employs approximately 1,900 professionals (excluding delivery employees), of which approximately 30% work outside Finland. Alma Media’s revenue in 2018 was EUR 354.6 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.