Disposal of own shares based on the key management long-term incentive programmes of Alma Media Corporation
Alma Media Oyj Stock exchange release 16 March 2023
DISPOSAL OF OWN SHARES BASED ON THE KEY MANAGEMENT LONG-TERM INCENTIVE PROGRAMMES OF ALMA MEDIA CORPORATION
A total of 128 828 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 IV and Performance Share Plan 2020 of the company's Long-Term Incentive Schemes launched in 2015 and 2020. More details of these Long-Term incentive plans have been announced in a stock exchange release issued on 27 February 2015 and on 14 February 2020.
The directed share issue is based on an authorization given by the Annual General Meeting held on 29 March 2022.
Following the directed share issue, the number of treasury shares now stands at 151 984 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 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, 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/.