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2009-08-12 16:20:00 CEST 2009-08-12 16:20:02 CEST REGULATED INFORMATION Talentum Oyj - Company AnnouncementTALENTUM BOARD MAKES PRELIMINARY ASSESSMENT OF ALMA MEDIA TENDER OFFERTALENTUM OYJ STOCK EXCHANGE RELEASE AUGUST 12, 2009 AT 5.20 pm TALENTUM BOARD MAKES PRELIMINARY ASSESSMENT OF ALMA MEDIA TENDER OFFER The Board of Directors of Talentum Oyj (“Talentum” or “company”) has made a preliminary assessment of Alma Media Corporation's (“Alma Media”) mandatory public tender offer (“Tender offer”), which was reported in a stock exchange release on 10 August 2009. The tender offer and trading which led to it were realised without the involvement of the Talentum Board of Directors and without contacting the Board beforehand. The Talentum Board of Directors states that the offered price - EUR 1.85 per share - comprehends only a small premium compared to Talentum's recent share price (according to Alma Media, 6.3% over the closing trading price of 7 August 2009). The premium is small compared to previous realised tender offers, and especially compared to the most recent realised tender offers. Furthermore, the Board states that Talentum's share price is currently at a historical low. The Board will continue evaluating the Tender offer and analyse other alternatives available to the company. The Board will immediately nominate advisers. In accordance with the Securities Market Act the Board will make its statement on the Tender offer after the tender offer document has been published. TALENTUM OYJ Tuomo Saarinen Chairman of the Board Further information Tuomo Saarinen, Chairman of the Board, tel. +358 500223970 Distribution NASDAQ OMX Helsinki Principal media |
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