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PARIS - Societe Generale (OTC:SCGLY), acting as Stabilisation Coordinator, has announced the potential stabilization activities for ARKEMA securities, starting today, with SG CIB as the Stabilisation Manager. The stabilization period is expected to end by June 26, 2025, with activities aimed at supporting the market price of the securities.
The stabilization measures, which may include over-allotment of securities, are intended to maintain the market price at a level higher than what might otherwise prevail. However, there is no guarantee that stabilization will occur, and if initiated, it can be discontinued at any time.
This action is in line with the Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse Regulation (EU/596/2014) and the UK FCA Stabilisation Binding Technical Standards. The announcement clarifies that stabilization will be conducted in accordance with all applicable laws and rules.
The offer and its related announcement are directed at persons outside the United Kingdom (TADAWUL:4280) and those within the UK who have professional experience in investment matters or are high net worth individuals as defined under the Financial Services and Markets Act 2000.
Societe Generale has made it clear that this announcement does not constitute an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities of ARKEMA in any jurisdiction. Furthermore, the securities in question have not been, and will not be, registered under the United States Securities Act of 1933. Therefore, they may not be offered or sold in the United States absent registration or an exemption from registration, and no public offer of the securities will be made in the United States.
The information provided in this report is based on a press release statement and is intended for informational purposes only.
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