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LONDON - Societe Generale (OTC:SCGLY) SA has disclosed its role as the Stabilisation Coordinator for the expected EUR 500 million bond issuance by ACS. The stabilization period, which is a common practice aimed at supporting the market price of securities post-issuance, is set to commence today and is anticipated to conclude by July 11, 2025.
The bank’s stabilization actions, managed by SG CIB, may include over-allotment of securities or market transactions to maintain prices during the stabilization window. However, there is no guarantee that stabilization will occur, and it may end at any time if initiated. All activities will be undertaken in accordance with applicable laws and regulations.
This stabilization notice is informational and does not constitute an offer to sell or a solicitation to buy the securities. The offer and sale of these securities are directed only at relevant persons outside the United Kingdom (TADAWUL:4280) or those within it who have professional investment experience or are high net worth individuals, as defined by the Financial Services and Markets Act 2000.
Furthermore, the securities mentioned are not being offered for sale in the United States and have not been registered under the U.S. Securities Act of 1933. As such, they may not be sold in the U.S. absent registration or an exemption from registration, and 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 inform stakeholders and potential investors about the stabilization mechanism that may be employed following the bond issuance. It is standard practice for issuers and their stabilization managers to provide such notices to ensure transparency and compliance with market regulations.
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