Stock Exchange Release 29/5/2012 11:15
On 29 May 2012, Sanoma Corporation has received flagging notifications pursuant to Chapter 2 Section 9 of the Finnish Securities Markets Act concerning shares in Sanoma Corporation.
Aatos Erkko's estate has announced that the ownership to shares in Sanoma Corporation held by the estate (directly and indirectly via Asipex Oy) on 29 May 2012 will transfer to the Jane and Aatos Erkko Foundation after the estate inventory has been concluded and the testamentary disposition has been executed. Following this, the shares held by the estate in Sanoma Corporation will decrease from the current 37,483,619 shares, to zero, i.e. 0.0000 per cent of all shares and votes in Sanoma Corporation. The holding of Jane and Aatos Erkko Foundation of the shares and voting rights of Sanoma Corporation will increase by the corresponding amount, thus exceeding 20 per cent of all shares and votes in Sanoma Corporation.
Sanoma Corporation has a total of 162,812,093 shares and votes. The Company has one share series, each share entitling to one vote.
Chief Financial Officer
Additional information: Nils Ittonen, Chairman of the Board, Asipex Oy, tel. +358 40 502 3774
Sanoma inspires, informs and connects. As a diversified media group, we bring information, experiences, education and entertainment to millions of people every day. We make sure that quality content and interesting products and services are easily available and meet the demands of our readers, viewers and listeners. We offer a challenging and interesting working environment for around 11,000 people in over 20 countries throughout Europe. In 2011, the Group's restated net sales totalled EUR 2.4 billion.