Talentum Oyj - Company Announcement

According to the decision of the arbitral tribunal, Alma Media Corporation has the right to redeem the shares in Talentum Oyj

Alma Media Corporation has acquired title to all shares in Talentum Oyj

Helsinki, Finland, 2016-03-22 14:15 CET (GLOBE NEWSWIRE) -- 

Talentum Oyj     Stock Exchange Release         22 March 2016 at 3.15 pm (EET)



According to the decision of the arbitral tribunal, Alma Media Corporation has
the right to redeem the shares in Talentum Oyj and Alma Media Corporation has
acquired title to all shares in Talentum Oyj 

The arbitral tribunal appointed by the Redemption Committee of the Finland
Chamber of Commerce has in its decision today 22 March 2016 confirmed that Alma
Media Corporation (“Alma Media”) has the right to redeem the minority shares in
Talentum Oyj (“Talentum”), and the right to obtain the title to the shares in
question by posting a security approved by the arbitral tribunal for the
payment of the redemption price and the interest accruing thereon. 

Alma Media has today posted a security approved by the arbitral tribunal in
connection with the redemption of the minority shares in Talentum and thus
acquired title to all the outstanding shares in Talentum in accordance with
chapter 18, section 6 of the Companies Act. As a consequence of the posting of
the security, the minority shareholders of Talentum are entitled only to the
redemption price and to the interest accruing thereon. The arbitral tribunal
will later render its final arbitral award, in which the redemption price will
be determined. 

Nasdaq Helsinki Ltd (“Helsinki Stock Exchange”) halted the trading in
Talentum’s shares on 22 March 2016 2:53 pm (EET) due to the delisting process.
The Helsinki Stock Exchange resolves on the delisting of Talentum’s shares from
the official list of the Helsinki Stock Exchange on Talentum’s request on or
about 21 April 2014 and the delisting will be announced separately. 



TALENTUM OYJ
Board of Directors

For more information, please contact:

Mikko Korttila, General Counsel of Alma Media Corporation, tel +358 (0) 10 665
2201 



Distribution: Nasdaq Helsinki, main media, www.almamedia.fi