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LONDON - Ontex Group (EBR:ONTEX) NV, a leading international personal hygiene group, may see its securities undergo stabilization activities, as disclosed by BNP Paribas (OTC:BNPQY) acting as the Stabilization Coordinator. The announcement on March 26, 2025, indicated that a team of Stabilisation Managers, including BNP Paribas, Goldman Sachs, HSBC, BBVA (BME:BBVA), Commerzbank (ETR:CBKG), Credit Agricole (OTC:CRARY), and ING, could engage in transactions to support the market price of Ontex’s securities.
The stabilization period is expected to commence today and could continue until May 3, 2025. During this time, the Stabilisation Managers have the option to over-allot securities, a common practice intended to manage price volatility after the issuance of new securities. Such activities will be conducted over-the-counter (OTC) and in compliance with the Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regulation (EU/596/2014).
The exact aggregate nominal amount and the offer price for these securities are yet to be confirmed. The potential stabilization measures aim to maintain the market price at a level higher than what might otherwise prevail, though there is no guarantee that stabilization will occur. If initiated, stabilization actions may be halted at any time.
It is important to note that this stabilization notice does not constitute an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The announcement and the securities are specifically addressed to individuals outside the United Kingdom (TADAWUL:4280) or those within the UK who have professional investment experience or are high net worth entities as described under the Financial Services and Markets Act 2000.
Furthermore, the securities mentioned will not be offered or sold in the United States, as they have not been registered under the United States Securities Act of 1933. Consequently, there will be no public offering of these securities in the United States.
This information is based on a press release statement and is intended to inform market participants and interested parties of the potential stabilization actions regarding Ontex’s securities. The Stabilisation Managers will carry out any market activities in line with all applicable laws and regulations.
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