Talentum Oyj - Tender offer

Alma Media Corporation to Commence a Compulsory Redemption Proceeding in Respect of the Remaining Talentum Corporation's Shares

Helsinki, Finland, 2015-11-17 16:45 CET (GLOBE NEWSWIRE) -- 

Talentum                   Stock Exchange Release                    17
November 2015 at 5.45 p.m. 

ALMA MEDIA CORPORATION TO COMMENCE A COMPULSORY REDEMPTION PROCEEDING IN
RESPECT OF THE REMAINING TALENTUM CORPORATION'S SHARES 

THIS STOCK EXCHANGE RELEASE MAY NOT BE PUBLISHED OR DISTRIBUTED, DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, CHINA, HONG KONG, JAPAN, SINGAPORE, SOUTH
AFRICA, NEW ZEALAND, UNITED STATES OR ANY OTHER COUNTRY WHERE SUCH PUBLICATION
OR DISTRIBUTION OR OFFER WOULD VIOLATE APPLICABLE LAWS OR REGULATIONS. 

Alma Media Corporation (“Alma Media”) announced earlier today that it will
complete the exchange offer to the shareholders and option right holders of
Talentum Corporation (“Talentum”). 

Title to 95.2 per cent of the issued and outstanding shares in Talentum has now
transferred to Alma Media in accordance with the terms and conditions of the
exchange offer. As a result, Alma Media has today informed Talentum that the
redemption right and obligation under the Finnish Limited Liability Companies
Act in respect of the Talentum shares held by minority shareholders has arisen. 

Pursuant to Alma Media, it intends to initiate arbitral proceedings as provided
in the Finnish Limited Liability Companies Act as soon as possible in order to
complete the compulsory redemption of the Talentum shares held by minority
shareholders. 

TALENTUM CORPORATION

The Board of Directors

Further information will be given by:

Henri Österlund, Deputy Chairman of the Board of Directors, Talentum Corporation
henri.osterlund@accendofund.com
+358 50 348 9600

Aarne Aktan, CEO, Talentum Corporation
aarne.aktan@talentum.com
+358 40 342 4440

Distribution:
NASDAQ OMX Helsinki
Principal media
www.talentum.fi


TALENTUM IN BRIEF

Talentum Corporation focuses on professionals with main products of magazines,
books, digital services, trainings and events. Talentum produces contents from
various fields of economy, law, management, HR, sales and marketing, ICT,
technology and health care with the mission to help professionals succeed. 

In 2014, Talentum's net sales totalled EUR 72.3 million. The company employs
720 persons in Finland, Sweden, Denmark, Estonia and Latvia. Talentum
Corporation is listed on Nasdaq Helsinki. Read more: www.talentum.fi. 



THIS RELEASE MAY NOT BE RELEASED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART,
IN OR INTO AUSTRALIA, CANADA, CHINA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE,
SOUTH AFRICA, THE UNITED STATE OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER
OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. 

THIS RELEASE IS NOT A TENDER OFFER DOCUMENT AND AS SUCH DOES NOT CONSTITUTE AN
OFFER OR INVITATION TO MAKE A SALES OFFER. INVESTORS SHALL ACCEPT THE TENDER
OFFER FOR THE SHARES AND OPTION RIGHTS ONLY ON THE BASIS OF THE INFORMATION
PROVIDED IN A TENDER OFFER DOCUMENT. OFFERS WILL NOT BE MADE DIRECTLY OR
INDIRECTLY IN ANY JURISDICTION WHERE EITHER AN OFFER OR PARTICIPATION THEREIN
IS PROHIBITED BY APPLICABLE LAW OR WHERE ANY TENDER OFFER DOCUMENT OR
REGISTRATION OR OTHER REQUIREMENTS WOULD APPLY IN ADDITION TO THOSE UNDERTAKEN
IN FINLAND. 

THE TENDER OFFER IS NOT BEING MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION
WHERE PROHIBITED BY APPLICABLE LAW AND, WHEN PUBLISHED, THE TENDER OFFER
DOCUMENT AND RELATED ACCEPTANCE FORMS WILL NOT AND MAY NOT BE DISTRIBUTED,
FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY
APPLICABLE LAW. IN PARTICULAR, THE TENDER OFFER IS NOT BEING MADE, DIRECTLY OR
INDIRECTLY, IN OR INTO, OR BY USE OF THE POSTAL SERVICE OF, OR BY ANY MEANS OR
INSTRUMENTALITY (INCLUDING, WITHOUT LIMITATION, FACSIMILE TRANSMISSION, TELEX,
TELEPHONE OR THE INTERNET) OF INTERSTATE OR FOREIGN COMMERCE OF, OR ANY
FACILITIES OF A NATIONAL SECURITIES EXCHANGE OF AUSTRALIA, CANADA, CHINA, HONG
KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR THE UNITED STATES. THE
TENDER OFFER CANNOT BE ACCEPTED BY ANY SUCH USE, MEANS OR INSTRUMENTALITY OR
FROM WITHIN AUSTRALIA, CANADA, CHINA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE,
SOUTH AFRICA, THE UNITED STATES.