Alma Media's President and CEO comments the ruling by the Court of Appeal
Alma Media Corporation Stock Exchange Release January 28, 2013 at 09:15 (EET)
ALMA MEDIA'S PRESIDENT AND CEO COMMENTS THE RULING BY THE COURT OF APPEAL
The Helsinki Court of Appeal has imposed a fine of 15 day-fines on Mr Kai
Telanne, Alma Media's President and CEO for to discrimination at work in
connection with the termination of the director contract of Ms Johanna Korhonen
in the autumn of 2008. One member of the Court of Appeal would not have imposed
a penalty. The charges were heard in the District Court in the spring of 2011,
and the District Court dismissed the charges.
Kai Telanne, President and CEO of Alma Media comments the ruling as follows:
"The director contract with Johanna Korhonen was not terminated on the grounds
stated by her and I do not consider the ruling by the Court of Appeal as fair
and just. I will examine the grounds of the ruling carefully and consider an
application to the Supreme Court for a leave to appeal. At this point, I have no
further comments on the case."
ALMA MEDIA CORPORATION
Alma Media Corporation
NASDAQ OMX Helsinki Stock Exchange
Alma Media in brief
Alma Media is a dynamic media company whose best-known products are Aamulehti,
Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs approximately 3,000
professionals. The company's revenue in 2011 totalled MEUR 316.2 with an
operating margin of 13.3 per cent. Alma Media's share (ALN1V) is listed in the
NASDAQ OMX Helsinki Exchange.
Read more at www.almamedia.com.
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