All 900,000 of Amer Group's 2002 warrants have been subscribed. The subscription period ran from 10 April to 30 June 2002. One warrant entitles the subscriber to subscribe for one Amer Group Share.
Of the 900,000 warrants now subscribed, 300,000 were offered for subscription to the Group's key personnel and 600,000 were offered for subscription to a company belonging to the group of Amer companies in order that the warrants may, at a later date, be offered to key persons nominated by Amer Group's Board of Directors.
The share subscription price is EUR 32.36, which according to the warrant terms was the trade volume weighted average quotation of Amer Group Plc shares on the Helsinki Exchanges during the period 1 January - 15 February 2002 plus 10 per cent. The subscription period of the shares will commence on 1 January 2005 and end on 31 December 2007.
AMER GROUP PLC
Communications Department
Päivi Antola
Communications Manager