RCI Banque to undergo market stabilization after EUR 500m offer

Published 27/05/2025, 08:26
RCI Banque to undergo market stabilization after EUR 500m offer

PARIS - Societe Generale (OTC:SCGLY), acting as the Stabilization Coordinator, has announced that it may execute market stabilization activities following RCI Banque’s recent offer of securities totaling EUR 500 million. The stabilization period, which is expected to begin today, Tuesday, May 27, 2025, could extend until July 4, 2025, as per the stipulations of the Commission Delegated Regulation (EU) 2016/1052 and the UK FCA Stabilisation Binding Technical Standards.

The stabilization measures, which will be managed by SG CIB, are intended to support the market price of the securities and could include over-allotment to maintain pricing levels. However, there is no guarantee that stabilization will occur, and if initiated, it can be discontinued at any time, in compliance with all applicable laws and rules.

These actions are not an invitation or offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities of RCI Banque in any jurisdiction. Furthermore, the announcement and the securities offer are directed solely at persons outside the United Kingdom (TADAWUL:4280) and those within the UK with professional investment experience or high net worth individuals as defined by the Financial Services and Markets Act 2000.

The securities in question have not been registered under the United States Securities Act of 1933 and, as such, may not be offered or sold in the United States without registration or an exemption from registration. There will be no public offering of these securities in the United States.

This stabilization notice is based on a press release statement and is intended to inform stakeholders and the market about the potential measures to be undertaken by Societe Generale and SG CIB in relation to RCI Banque’s securities offering. The information provided is factual and does not endorse the actions taken or imply any future performance of RCI Banque’s securities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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