Cancellation of Amer Sports Corporation's 2004 warrants
2006-01-30, 09:54
In accordance with the terms and conditions of Amer Sports Corporation's 2004 warrants, the 188,350 warrants remained unused are cancelled. A total of 261,650 warrants were granted, in accordance with the decision made by the Board of Directors, to key employees of Amer Sports.
Each warrant shall entitle its holder to subscribe for three (3) Amer Sports' shares whose accounting countervalue is four (4) euros. The share subscription price is EUR 13.53. The share subscription period will begin on January 1, 2007, and end on December 31, 2009. As a result of any subscriptions, the Company's share capital may increase by a maximum of 1,084,950 shares or EUR 4,339,800.
100,000 warrants remain to be used in connection with possible future acquisitions and other M&A arrangements.
For further information, please contact:
Mr Pekka Paalanne, Senior Vice President & CFO, Amer Sports, tel. +358 9 7257 8212
Each warrant shall entitle its holder to subscribe for three (3) Amer Sports' shares whose accounting countervalue is four (4) euros. The share subscription price is EUR 13.53. The share subscription period will begin on January 1, 2007, and end on December 31, 2009. As a result of any subscriptions, the Company's share capital may increase by a maximum of 1,084,950 shares or EUR 4,339,800.
100,000 warrants remain to be used in connection with possible future acquisitions and other M&A arrangements.
For further information, please contact:
Mr Pekka Paalanne, Senior Vice President & CFO, Amer Sports, tel. +358 9 7257 8212