FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934
For the month of September, 2003
Intertape Polymer Group Inc.
110E Montee de Liesse, St. Laurent, Quebec, Canada, H4T 1N4
[Indicate by check mark whether the registrant files or
will file annual reports under cover of Form 20-F or Form 40-F.]
Form 20-F Form 40-F X
[Indicate by check mark whether the registrant by
furnishing the information contained in this Form is also
thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]
Yes No X
[If "Yes" is marked, indicate below the file number
assigned to the registrant in connection with Rule
12g3-2(b): 82-______
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
INTERTAPE POLYMER GROUP INC.
Date: September 30, 2003
By: /s/ Andrew M. Archibald, CFO
Vice President, Administration,
and Secretary
September 30, 200 NYSE SYMBOL: ITP
TSX SYMBOL: ITP
INTERTAPE POLYMER GROUP ANNOUNCES
ISSUANCE OF 750,000 OF ITS COMMON SHARES
Montreal, Quebec - September 30, 2003 - Intertape Polymer Group Inc.
(NYSE, TSX: ITP) today announced that, following the successful
completion on September 24, 2003 of a bought deal public offering of
5,000,000 of Intertape's common shares, the underwriters have exercised
their over-allotment option and, as a consequence thereof, Intertape has
issued an additional 750,000 of its common shares at a price of
CDN$10.00 per common share.
Intertape will use the net proceeds from the public offering to repay
short-term indebtedness (but not reduce the banking syndicate's commitments
thereunder) and long-term indebtedness to its banking syndicate.
The securities offered have not been and will not be registered under
the United States Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or an
applicable exemption from the registration requirements of such Act.
About Intertape Polymer Group
Intertape Polymer Group Inc.'s shares are listed on the Toronto Stock
Exchange and the New York Stock Exchange under the symbol "ITP".
Intertape Polymer Group is a recognized leader in the development
and manufacture of specialized polyolefin plastic and paper based
packaging products and complementary packaging systems for industrial
and retail use. Headquartered in Montreal, Quebec and Sarasota/Bradenton,
Florida, the Company employs approximately 2,600 employees with
operations in 19 locations, including 15 manufacturing facilities in
North America and one in Europe.
Safe Harbor Statement
Certain statements and information included in this release constitute
"forward-looking statements" within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements
of the Company to be materially different from any future results,
performance or achievements expressed or implied in such forward-looking
statements. Additional discussion of factors that could cause actual
results to differ materially from management's projections, estimates
and expectations is contained in the Company's SEC filings. The Company
undertakes no duty to update its forward-looking statements, including
its earnings outlook.
FOR INFORMATION CONTACT: Melbourne F. Yull
Chairman and Chief Executive Officer
Intertape Polymer Group Inc.
Tel.: 866-202-4713
E-mail:itp$info@intertapeipg.com
Web: www.intertapepolymer.com