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LONDON - ING Bank N.V., acting through its London Branch, has announced the possibility of stabilization activities related to Heineken (AS:HEIN) N.V.’s securities, which are expected to commence today, Tuesday, with a stabilization period not extending beyond 30 days from the issue date. The move is in line with the Commission Regulation (EC) No. 2273/2003, which implements the Market Abuse Directive.
The securities in question have not been detailed in terms of aggregate nominal amount but are described as having a EUR 7.5-year duration. ING Groep (AS:INGA) will serve as the Stabilising Manager for Heineken’s securities, with the option to over-allot in accordance with applicable laws.
Stabilization efforts are undertaken to support the market price of the securities after their issuance, ensuring that the price remains higher than it might otherwise be in the absence of such actions. However, ING has clarified that there is no guarantee that stabilization will occur, and if initiated, it can be discontinued at any time.
This announcement serves as a notice and should not be construed as an offer to underwrite, subscribe for, or acquire securities in any jurisdiction. The notice specifically points out that the information is directed at persons with professional investment experience and high net worth individuals in the United Kingdom (TADAWUL:4280), in accordance with the Financial Services and Markets Act 2000.
Furthermore, the communication underscores that the securities have not been registered under the United States Securities Act of 1933 and will not be offered or sold in the United States absent registration or an exemption from such registration. Consequently, there will be no public offering of the securities in the United States.
The announcement is based on a press release statement and is intended to provide factual information without endorsing any claims. It is important for potential investors to note that any stabilization actions are subject to legal and regulatory requirements and that the details of these actions are based on the current understanding of the securities’ offering.
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