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Alma Media Oyj (ALN1V.HE)

ALN1V.HE on Helsinki Stock Exchange

22 Jul 2016
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Fri, Jul 22 2016

BRIEF-Alma Media Q2 operating profit up at EUR 9.1 million

* Q2 revenue 92.0 million euros ($101.5 million) versus 73.0 million euros year ago

BRIEF-Alma Media: Talentum Sweden concludes co-determination negotiations

* Talentum Sweden concludes its co-determination negotiations

BRIEF-Alma Media: Redemption price of Talentum share to be EUR 1.42/SHR

* Arbitral Tribunal appointed by Redemption Committee of Finland Chamber of Commerce rendered decision concerning shares held by minority shareholders in Talentum oyj

BRIEF-Alma Media: Alma Mediapartners to become majority shareholder of Urakkamaailma.fi

* Alma Mediapartners to become the majority shareholder of Urakkamaailma.fi, a market place for renovation and construction work

BRIEF-Alma Media: Alma Talent's event business to be discontinued in Denmark

* Alma Media's subsidiary FYI Events Denmark ApS, which specialises in event business, will close down its operations in Denmark

BRIEF-Alma Media Q1 EBITDA up at EUR 6.9 million

* Q1 revenue 86.7 million euros ($98.7 million) versus 71.9 million euros year ago

BRIEF-Alma Media becomes majority shareholder of Rantapallo.fi

* Will increase its share in Rantapallo Oy from 44 pct to 79 pct

BRIEF-Alma Media: Alma Regional Media reorganises customer service and advertisement production

* Alma Regional Media is reorganising its customer service and advertisement production functions

BRIEF-Alma Media: Kauppalehti's statutory personnel negotiations completed

* Reorganisation will reduce amount of work by about 33 person-years during next year

BRIEF-Talentum: Alma Media has right to redeem shares in Talentum

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

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