Amer Group Plc's Board of Directors has resolved to start to repurchase the Company's own shares from the market at share prices based on the authorisation given by the Annual General Meeting to the Board on 7 March 2001. The authorisation is limited to the amount of shares, the accounted counter-value of which is a maximum of 5% of the Company's registered share capital. The shares will be used to further optimise the capital structure of the Company, to finance business acquisitions or other arrangements, to be disposed of in other ways, or to be cancelled.
The repurchases will commence on 17 April 2001 at the earliest.
AMER GROUP PLC
Communications
Marja-Leena Simola
Tel. +358 9 7257 8306
Fax +358 9 791 385
E-mail: marja-leena.simola@amer.fi
www.amer.fi
For further information, please contact:
Mr Pekka Paalanne, Senior Vice President & CFO, tel. +358 9 7257 8212
Mr Jari Melgin, Corporate Treasurer, tel. +358 9 7257 8233
The repurchases will commence on 17 April 2001 at the earliest.
AMER GROUP PLC
Communications
Marja-Leena Simola
Tel. +358 9 7257 8306
Fax +358 9 791 385
E-mail: marja-leena.simola@amer.fi
www.amer.fi
For further information, please contact:
Mr Pekka Paalanne, Senior Vice President & CFO, tel. +358 9 7257 8212
Mr Jari Melgin, Corporate Treasurer, tel. +358 9 7257 8233