Final outcome of Amer Sports' rights offering
(Thomson Reuters ONE) - STOCK EXCHANGE RELEASEOctober 23, 2009 at 3:00 pmNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,IN WHOLE OR IN PART, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN,SOUTH AFRICA OR THE UNITED STATES.The final outcome of Amer Sports Corporation's ("Amer Sports") rightsoffering shows that 48,070,466 million shares, representing 99.2% ofthe total number of shares offered, were subscribed for withsubscription rights. The remaining 401,268 shares were subscribed forwithout subscription rights.A notification will be sent on or about October 27, 2009 to confirmthe allotment of new shares to subscribers having subscribed for thenew shares without subscription rights.Interim shares representing the new shares will be traded on NASDAQOMX Helsinki until October 26, 2009. All shares subscribed for in therights offering are expected to be registered with the Finnish Traderegister on or about October 26, 2009, after which the interim shareswill be combined with Amer Sports' existing shares. Trading in thenew shares alongside the existing shares is expected to commence onor about October 27, 2009.As a result of the rights offering, the number of Amer Sports' shareswill increase by 48,471,734 shares to 121,517,285 shares. The totalnet proceeds of the rights offering will amount to approximately EUR152 million.In connection with Amer Sports' rights offering, Pohjola asstabilizing manager had the possibility to effect transactions with aview to supporting the market price of Amer Sports' shares at a levelthat may otherwise prevail in the open market during the period fromthe day of publication of the subscription price up to and including30 days following the commencement of the trading of the interimshares on NASDAQ OMX Helsinki (both dates inclusive). Pohjola hasinformed Amer Sports that no stabilization measures have nor will betaken in Amer Sports' shares within the stabilization period.Pursuant to the terms and conditions of Amer Sports' warrantprograms, the board of directors of Amer Sports must amend the termsand conditions of the warrant programs to take into account theimpact of the rights offering by adjusting the exercise price of thewarrants and/or the number of shares that can be subscribed forthrough exercise of the warrants in a manner to be determined by theboard of directors. Amer Sports' board of directors will decide onsuch amendments on October 29, 2009 and information regarding theamendments made to the terms and conditions of its publicly traded2004 warrants will be provided in the interim report to be publishedon the same date.J.P. Morgan and Pohjola Corporate Finance acted as Joint GlobalCoordinators, Joint Lead Managers and Joint Bookrunners for therights offering.Helsinki, October 23, 2009AMER SPORTS CORPORATIONBoard of DirectorsFor more information, please contact:Tommy Ilmoni, Vice President, IR and Corporate Communications,tel. +358 9 7257 8233, tommy.ilmoni(at)amersports.comDISTRIBUTION:NASDAQ OMX HelsinkiMajor mediawww.amersports.comAMER SPORTS CORPORATIONAmer Sports (www.amersports.com) is one of the world's leading sportsequipment company with internationally recognized brands, includingSalomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. AllAmer Sports companies develop and manufacture technically advancedproducts that improve the performance of active sports participants.The Group's business is balanced by its broad portfolio of sports andpresence in all major markets.DISCLAIMER:J.P. Morgan and Pohjola Corporate Finance are acting exclusively forAmer Sports and no one else in connection with the rights offering.They will not regard any other person (whether or not a recipient ofthis release) as their respective clients in relation to the rightsoffering and will not be responsible to anyone other than Amer Sportsfor providing the protections afforded to their respective clients,nor for giving advice in relation to the rights offering or anytransaction or arrangement referred to herein. No representation orwarranty, express or implied, is made by J.P. Morgan or PohjolaCorporate Finance as to the accuracy, completeness or verification ofthe information set forth in this release, and nothing contained inthis release is, or shall be relied upon as, a promise orrepresentation in this respect, whether as to the past or the future.J.P. Morgan and Pohjola Corporate Finance assume no responsibilityfor its accuracy, completeness or verification and, accordingly,disclaim, to the fullest extent permitted by applicable law, any andall liability which they may otherwise be found to have in respect ofthis release. This document is an advertisement for the purposes ofapplicable measures implementing Directive 2003/71/EC (suchDirective, together with any applicable implementing measures in therelevant home Member State under such Directive, the "ProspectusDirective"). A prospectus prepared pursuant to the ProspectusDirective will be published in connection with any offering ofsecurities, and will be available at subscription locations inFinland.The information contained herein is not for release, publication ordistribution, directly or indirectly, in whole or in part, in or intoAustralia, Canada, Hong Kong, Japan, South Africa or the UnitedStates. The information contained herein does not constitute an offerof securities for sale in the United States, nor may the securitiesbe offered or sold in the United States absent registration or anexemption from registration as provided in the United StatesSecurities Act of 1933, as amended, and the rules and regulationsthereunder. There is no intention to register any portion of theoffering in the United States or to conduct a public offering of anysecurities in the United States.The information contained herein shall not constitute an offer tosell or the solicitation of an offer to buy, nor shall there be anysale of the securities referred to herein in any jurisdiction inwhich such offer, solicitation or sale would be unlawful prior toregistration, exemption from registration or qualification under thesecurities laws of any such jurisdiction.This communication does not constitute an offer of securities to thepublic in the United Kingdom. No prospectus has been or will beapproved in the United Kingdom in respect of the securities.Consequently, this communication is directed only at (i) persons whoare outside the United Kingdom, (ii) persons who have professionalexperience in matters relating to investments falling within Article19(5) of the Financial Services and Markets Act 2000 (FinancialPromotion) Order 2005 (the "FP Order") and (iii) high net worthentities falling within Article 49(2) of the FP Order, and otherpersons to whom it may lawfully be communicated, (all such personstogether being referred to as "relevant persons"). Any investmentactivity to which this communication relates will only be availableto, and will only be engaged with, relevant persons. Any person whois not a relevant person should not act or rely on this document orany of its contents.Any offer of securities to the public that may be deemed to be madepursuant to this communication in any EEA Member State that hasimplemented the Prospectus Directive is only addressed to qualifiedinvestors in that Member State within the meaning of the ProspectusDirective.Copies of this announcement are not being made and may not bedistributed or sent into Australia, Canada, Hong Kong, Japan, SouthAfrica or the United States.http://hugin.info/3020/R/1349777/325401.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 23.10.2009 - 14:00 Uhr
Sprache: Deutsch
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