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2009-09-28 17:31:00 CEST 2009-09-28 17:32:28 CEST REGULATED INFORMATION Amer Sports - Company AnnouncementPublication of the Offering Circular relating to the Rights Offering of Amer Sports CorporationSTOCK EXCHANGE RELEASE September 28, 2009 at 6:31 pm NOT 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. Amer Sports Corporation ("Amer Sports") will publish today the offering circular related to the rights offering of 48 471 734 new shares in Amer Sports. The offering circular, in the Finnish language, approved by the Finnish Financial Supervisory Authority will be available on Amer Sports' website www.amersports.com/anti2009 as of today and, as of October 5, 2009 at the subscription places for the rights offering. The terms and conditions of the rights offering were published in a separate stock exchange release on September 24, 2009. The offering circular contains following unpublished information: AMOUNTS INCLUDED IN THE STATEMENT OF COMPREHENSIVE INCOME FOR 2007 AND 2006 EUR million e 2007 2006 Net result*) 18.5 70,5 Other comprehensive income: Translation difference -25.3 -27.3 Cash flow hedges -9.3 6.5 Income taxes related to components of other comprehensive income 2.4 -1.7 Other comprehensive income, net of tax -32.2 -22.5 Total comprehensive income -13.7 48.0 Total comprehensive income attributable to: Equity holders of the parent company -14.1 47.8 Minority interests 0.4 0.2 *) Audited Goodwill and other non-current intangible assets with indefinite useful lives broken down by business segments as of June 30, 2009 As of June 30, 2009, the amount of goodwill on Amer Sports' balance sheet amounted to EUR 277.0 million (of which EUR 40.4 million was attributable to the Winter and Outdoor segment, EUR 95.4 million to the Ball Sports segment and EUR 141.2 million to the Fitness segment) and other non-current intangible assets with indefinite useful lives amounted to EUR 179.8 million (of which EUR 177.7 million was attributable to the Winter and Outdoor segment and EUR 2.1 million to the Fitness segment). Amounts available under the committed credit facilities as of the date of the offering circular As of the date of this offering circular, the amount available under the committed credit facilities was EUR 140 million. This includes the EUR 50 million revolving credit facility entered into with Pohjola Bank Plc in August 2009. For more information, please contact: Tommy Ilmoni, Vice President, IR and Corporate Communications, tel. +358 9 7257 8233, tommy.ilmoni@amersports.com DISTRIBUTION: NASDAQ OMX Helsinki Major media www.amersports.com AMER SPORTS CORPORATION Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands, including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. All Amer Sports companies develop and manufacture technically advanced products that improve the performance of active sports participants. The Group's business is balanced by its broad portfolio of sports and presence in all major markets. DISCLAIMER: J.P. Morgan and Pohjola are acting exclusively for Amer Sports and no one else in connection with the rights offering. They will not regard any other person (whether or not a recipient of this release) as their respective clients in relation to the rights offering and will not be responsible to anyone other than Amer Sports for providing the protections afforded to their respective clients, nor for giving advice in relation to the rights offering or any transaction or arrangement referred to herein. No representation or warranty, express or implied, is made by J.P. Morgan or Pohjola as to the accuracy, completeness or verification of the information set forth in this release, and nothing contained in this release is, or shall be relied upon as, a promise or representation in this respect, whether as to the past or the future. J.P. Morgan and Pohjola assume no responsibility for its accuracy, completeness or verification and, accordingly, disclaim, to the fullest extent permitted by applicable law, any and all liability which they may otherwise be found to have in respect of this release. This document is an advertisement for the purposes of applicable measures implementing Directive 2003/71/EC (such Directive, together with any applicable implementing measures in the relevant home Member State under such Directive, the"Prospectus Directive"). A prospectus prepared pursuant to the Prospectus Directive will be published in connection with any offering of securities, and will be available at subscription locations in Finland. The information contained herein is not 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 information contained herein does not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the United States Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States or to conduct a public offering of any securities in the United States. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. This communication does not constitute an offer of securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities. Consequently, this communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FP Order") and (iii) high net worth entities falling within Article 49(2) of the FP Order, and other persons to whom it may lawfully be communicated, (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to, and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Any offer of securities to the public that may be deemed to be made pursuant to this communication in any EEA Member State that has implemented the Prospectus Directive is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive. Copies of this announcement are not being made and may not be distributed or sent into Australia, Canada, Hong Kong, Japan, South Africa or the United States. |
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