AMP warns shareholders on below-market offer

amp financial planner investors

12 March 2008
| By George Liondis |

AMP has warned shareholders against the latest below market offer for their shares, which were valued at $6.92 at the close of trading yesterday.

AMP chief Craig Dunn urged shareholders to be cautious of any unsolicited offers for their shares and, in particular, an offer made by Australian Share Purchasing Corporation for $5.35 per share.

“With the current volatility in markets it is easy for investors to get confused about the value of their shares.

“We strongly urge our shareholders to reject this unsolicited offer,” Dunn said.

AMP shareholders are advised to consult their financial planner or contact the AMP Share Registry for further information.

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