Amer Group purchase of its own bonds
1998-09-21, 01:00
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Amer Group today purchased USD 3.0 million of the convertible subordinated bonds issued in 1993, representing 134,904 Amer Group A shares. The current amount of the loan outstanding is USD 73.75 million. In total, Amer has now repurchased USD 25.5 million convertible subordinated bonds, representing 1,146,680 Amer Group A shares. According to the terms of the bonds, all bonds purchased by Amer may not be reissued or resold. According to the Companies Act, these bonds may not be converted into shares. AMER GROUP PLC Communications Department Marja-Leena Simola Vice President, Communications Tel. +358 9 7257 8306 Fax +358 9 791 385 E-mail: marja-leena.simola@amer.fi For further information, please contact: Mr. Pekka Paalanne, Senior Vice President & CFO, Tel. +358 9 7257 8212 Mr. Jari Melgin, Treasurer, Tel. +358 9 7257 8233 |