As approved by Amer Group Plc's Annual General Meeting on 17 March 2004, the registered share capital of Amer Group has been decreased by EUR 3,873,200 by cancelling without payment those 968,300 of its own shares the Company held. The change in the share capital was registered today. After the cancellation, the Company's paid up and registered share capital now amounts to EUR 94,305,280 and the number of shares in issue is 23,576,320.
Restricted shareholders' equity did not decrease due to the cancellation because the accounted counter-value of the shares was transferred from the Company's share capital to the share premium fund.
The cancellation did not have any impact on the breakdown of shareholdings and votes in the Company's share capital because the cancelled shares were owned by the Company.