Alma Media Corporation           Stock Exchange Release     11 March 2021

 

DISPOSAL OF OWN SHARES BASED ON THE KEY MANAGEMENT LONG-TERM INCENTIVE PROGRAMME OF ALMA MEDIA CORPORATION

A total of 57 630 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 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 29 April 2020.

Following the directed share issue, the number of treasury shares now stands at 63 381 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 dynamic digital service business and media company with a strong capacity for renewal. The company's best-known brands are Kauppalehti, Talouselämä, Iltalehti, Etuovi.com and Monster. Alma Media builds sustainable growth expanding its offering from media to related digital services fulfilling the needs of users' everyday life as consumers and as professionals in business. Alma Media operates in 11 countries in Europe. Alma Media employs approximately 1,500 professionals. Alma Media's revenue from continuing operations was EUR 230.2 million in 2020. Alma Media's share is listed on NASDAQ Helsinki. Read more at www.almamedia.com 

https://news.cision.com/alma-media/r/disposal-of-own-shares-based-on-the-key-management-long-term-incentive-programme-of-alma-media-corpo,c3304748

(c) 2021 Cision. All rights reserved., source Press Releases - English