Helsinki, Finland, 2015-09-29 11:45 CEST (GLOBE NEWSWIRE) --
Talentum Stock Exchange Release 29 September 2015 at 12.45 p.m.
Talentum Corporation has received the following notification on 29 September 2015:
NOTIFICATION OF A CHANGE OF SHAREHOLDING PURSUANT TO CHAPTER 9, SECTION 5 OF THE FINNISH SECURITIES MARKET ACT
1. Issuer of the shares
Talentum Corporation, business identity code 0114701-2.
2. Name of the shareholder subject to notification obligation
Shareholder Ilmarinen Mutual Pension Insurance Company.
3. Reason for the notification
Talentum Corporation (hereinafter "Talentum") and Alma Media Corporation (hereinafter "Alma Media") have agreed on the combination of their businesses under a combination agreement entered into on 28 September 2015 (hereinafter the "Combination Agreement").
In order to effect the combination, Alma Media will make a voluntary public tender offer to purchase all of the issued and outstanding shares (hereinafter the "Talentum shares") and option rights of Talentum that are not owned by Talentum or any of its subsidiaries (hereinafter the "Exchange Offer").
On 28 September 2015, Ilmarinen Mutual Pension Insurance Company has undertaken to accept the Exchange Offer. Ilmarinen Mutual Pension Insurance Company may terminate the undertaking if Alma Media does not obtain, directly or indirectly, more than ninety (90) per cent of the Talentum shares in the Exchange Offer, if Talentum's Board of Directors was to withdraw its recommendation, or if the Exchange Offer has not been completed by 29 February 2016.
At the moment the total number of shares and voting rights of Talentum held by Ilmarinen Mutual Pension Insurance Company exceeds 5 per cent (1/20). The offer period under the Exchange Offer is expected to begin on 15 October 2015 and is expected to end on 12 November 2015 unless the offer period is extended. Should the Exchange Offer to be completed, the total number of shares and voting rights of Talentum held by Ilmarinen Mutual Pension Insurance Company will come down to 0 per cent.
4. Ilmarinen Mutual Pension Insurance Company's existing shareholding and voting rights including the number of shares and voting rights controlling by it
| Ownership | Number of Shares | % of total number of shares | Number of voting rights | % of total number of voting rights |
| In total | 4,308,383 | 9.73 | 4,308,383 | 9.73 |
5. Ilmarinen Mutual Pension Insurance Company's shareholding and voting rights including the number of shares and voting rights controlling by it if the Exchange Offer shall be completed
| Number of Shares | % of total number of shares | Number of voting rights | % of total number of voting rights |
| 0 | 0 | 0 | 0 |
The percentages have been calculated in proportion to the total number of shares of Talentum registered at the Trade Register on 29 September 2015 and the total amount of voting rights related to them, i.e. 44,295,787 shares and voting rights.
Helsinki, 29 September 2015
Talentum Corporation
Aarne Aktan
CEO
Further information:
Lasse Rosengren, General Counsel, Talentum Corporation
tel. +358 40 342 4204
Distibution:
NASDAQ OMX Helsinki Ltd
Principal media
talentum.fi