Mandatory public tender offer of shares in Alma Media Corporation


Important Information

You are attempting to enter the part of the website that is designated for the publication of documents and information (the “Offer Materials”) in connection with the mandatory public cash tender offer to acquire all of the issued and outstanding shares in Alma Media Corporation (“Alma Media”) that are not held by Alma Media or its subsidiaries by Otava Ltd (“the Offeror”) (the “Offer”). You must read the below information carefully.

Access to the information and documents on this website is restricted for regulatory reasons. You are requested to review the following information and make the following confirmation each time you access this restricted information.


This part of the website and the information contained herein are not intended for, and must not be accessed by, or distributed or disseminated to, persons residing or physically present in Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Switzerland or in any other jurisdiction in which it would be unlawful. Access to the information and documents contained on this part of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents. All persons residing outside of Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Switzerland who wish to have access to the documents contained on this part of the website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this part of the website, or require registration or approval for any acquisition of securities by them. Alma Media and the Offeror assume no responsibility if there is a violation of applicable law or regulations by any person.

The Offer is not being made, and the shares will not be accepted for purchase from or on behalf of persons, directly or indirectly in any jurisdiction where making or acceptance of such Offer would be prohibited by applicable laws or regulations or would require any registration, approval or further measures with any regulatory authority not expressly contemplated by the offer document. The offer document and related acceptance forms as well as other related material will not and may not be distributed, forwarded or transmitted into or from any jurisdiction where it would be prohibited by the applicable laws and regulations. In particular, the 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, e-mail, post, facsimile transmission, telex, telephone or electronic transmission by way of the internet or otherwise) of interstate or foreign commerce of, or any facilities of a national securities exchange of, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Switzerland. The Offer cannot be accepted, directly or indirectly, by any such use, means or instrumentality or from within, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Switzerland. Any purported acceptance of the Offer resulting directly or indirectly from a violation of these restrictions will be invalid.

The full terms and conditions of the Offer will be set out in the offer document. In deciding whether or not to accept the Offer, shareholders of Alma Media should rely only on the information provided in the offer document.

Notice to U.S. shareholders

Shareholders of Alma Media in the United States are advised that the shares in Alma Media are not listed on a U.S. securities exchange and that Alma Media is not currently subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).

The Offer is being made for the issued and outstanding securities (which are not held in treasury) in Alma Media, which is domiciled in Finland, and is subject to Finnish disclosure and procedural requirements. The Offer is being made in the United States pursuant to Section 14(e) and Regulation 14E under the Exchange Act, subject to the exemption provided under Rule 14d-1(c) under the Exchange Act, for a Tier I tender offer (the “Tier I Exemption”), and otherwise in accordance with the disclosure and procedural requirements of Finnish law, including with respect to the Offer timetable, settlement procedures, withdrawal, waiver of conditions and timing of payments, which are different from those of the United States. In particular, the financial information regarding Alma Media included on this website has been prepared in accordance with applicable accounting standards in Finland, which may not be comparable to the financial statements or financial information of U.S. companies. The Offer is being made to Alma Media’s shareholders resident in the United States on the same terms and conditions as those made to all other shareholders of Alma Media to whom an offer is made. U.S. shareholders should consider that the offer price for the Offer is being paid in EUR and that no adjustment will be made based on any changes in the exchange rate.

To the extent permissible under applicable law or regulations, the Offeror and its affiliates or its brokers and its brokers’ affiliates (acting as agents for the Offeror or its affiliates, as applicable) may from time to time after the date of the release regarding the Offer and during the pendency of the Offer, and other than pursuant to the Offer, directly or indirectly, purchase or arrange to purchase, the shares in Alma Media or any securities that are convertible into, exchangeable for or exercisable for such shares. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. To the extent information about such purchases or arrangements to purchase is made public in Finland, such information will be disclosed by means of a press release or other means reasonably calculated to inform U.S. shareholders of Alma Media of such information. No purchases will be made outside the Offer in the United States by or on behalf of the Offeror. In addition, the financial advisers to the Offeror may also engage in ordinary course trading activities in securities of Alma Media, which may include purchases or arrangements to purchase such securities. To the extent required in Finland, any information about such purchases will be made public in Finland in the manner required by Finnish law.

Neither the U.S. Securities and Exchange Commission nor any U.S. state securities commission has approved or disapproved the Offer, passed upon the merits or fairness of the Offer, or passed any comment upon the adequacy, accuracy or completeness of any disclosure in relation to the Offer or other information published on this website. Any representation to the contrary is a criminal offence in the United States.

The receipt of cash pursuant to the Offer may be a taxable transaction. Each holder of shares in Alma Media is urged to consult its independent professional adviser regarding the tax consequences of accepting the Offer.

To the extent the Offer is subject to U.S. securities laws, those laws only apply to U.S. shareholders and will not give rise to claims on the part of any other person. It may be difficult for Alma Media’s shareholders to enforce their rights and any claims they may have arising under the U.S. federal securities laws, since the Offeror and Alma Media are located in a non-U.S. jurisdiction, and some or all of their respective officers and directors may be residents of non-U.S. jurisdictions. Alma Media’s shareholders may not be able to sue the Offeror or Alma Media or their respective officers or directors in a non-U.S. court for violations of the U.S. federal securities laws. It may be difficult to compel the Offeror or Alma Media or their respective affiliates to subject themselves to a U.S. court’s judgment.

Forward-looking statements

This website and the information contained herein contains statements that, to the extent they are not historical facts, constitute “forward-looking statements”. Forward-looking statements include statements concerning plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, competitive strengths and weaknesses, plans or goals relating to financial position, future operations and development, business strategy and the trends in the industries and the political and legal environment and other information that is not historical information. In some instances, they can be identified by the use of forward-looking terminology, including the terms “believes”, “intends”, “may”, “will” or “should” or, in each case, their negative or variations on comparable terminology. By their very nature, forward-looking statements involve inherent risks, uncertainties and assumptions, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. Given these risks, uncertainties and assumptions, investors are cautioned not to place undue reliance on such forward-looking statements. Any forward-looking statements contained herein speak only as at the date of publication of the relevant information.

Confirmation of understanding and acceptance

I have read and understood the restrictions set out above.

I agree that I will not forward, transfer or distribute (by any means, including by electronic transmission) any documents included in this area of the website either in whole or in part to any person in any jurisdiction where such distribution may be restricted by applicable laws or regulations.

I acknowledge and agree that all information concerning Alma Media and its respective affiliates presented in the materials concerning the Offer have been extracted from, and have been provided exclusively based upon, publicly available information, and consequently the Offeror shall not have any responsibility for such information, except for the accurate restatement of such information therein.

By clicking on the “I agree” button below, you confirm that you have read, understand and agree to comply with all of the restrictions set forth above and that your country of residence and current location is not Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Switzerland or any other jurisdiction in which such distribution or such access is unlawful. If you cannot so certify, you must click the button labelled “I do not agree” button below or otherwise exit this website.


Advium Corporate Finance Ltd is acting exclusively on behalf of the Offeror and no one else in connection with the Offer or other matters referred to on this website, does not consider any other person (whether the visitor on this website or not) as a client in connection to the Offer, and is not responsible to anyone other than the Offeror for providing protection or providing advice in connection with the Offer or any other transaction or arrangement referred to on this website.

Evli Plc is acting as the arranger of the Offer and does not consider any other person than the Offeror as a client in connection to the Offer, and is not responsible to anyone other than the Offeror for providing protection or providing advice in connection with the Offer.