Amer Group Plc's Board of Directors has resolved to start to repurchase the Company's own shares from the market at market price based on the authorisation given by the Annual General Meeting to the Board on 8 March 2000. According to the AGM resolution the maximum amount of the shares that the company may repurchase is 1,216,344. The shares will be used to further develop the capital structure of the Company, to finance business acquisitions or other arrangements, to be disposed in other ways, or to be cancelled.
The repurchases will commence on 10 November 2000 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
For further information, please contact:
Mr Roger Talermo, President & CEO, Tel. +358 9 7257 8210
Mr Pekka Paalanne, Senior Vice President & CFO, Tel. +358 9 7257 8212
The repurchases will commence on 10 November 2000 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
For further information, please contact:
Mr Roger Talermo, President & CEO, Tel. +358 9 7257 8210
Mr Pekka Paalanne, Senior Vice President & CFO, Tel. +358 9 7257 8212