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LONDON - Societe Generale (OTC:SCGLY) SA has initiated a stabilization period for Belfius bonds starting today, May 21, 2025, with the possibility of market support activities continuing until June 27, 2025. As the Stabilisation Coordinator, Societe Generale disclosed that SG CIB, acting as the Stabilisation Manager, may engage in transactions to maintain the market price of the securities at a level higher than that which might otherwise prevail.
The stabilization efforts are in accordance 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 securities in question have an aggregate nominal amount set at a benchmark level in euros, though specific details regarding the coupon, maturity, and offer price have not been disclosed.
Stabilization activities may include over-allotment of securities, which is permissible within the scope of applicable law. However, there is no guarantee that stabilization will occur, and if initiated, it can be halted at any time. Any actions taken will be in full compliance with all relevant laws and regulations.
The announcement serves as a notice and does not constitute an offer to underwrite, subscribe for, or acquire securities. The offer is directed at individuals outside the United Kingdom (TADAWUL:4280) and those within the UK who have professional experience with investments or are high net worth entities as defined by the Financial Services and Markets Act 2000.
The securities discussed have not been and will not be registered under the United States Securities Act of 1933, and as such, they may not be offered or sold in the United States absent registration or an exemption from registration. 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 for informational purposes only, providing an overview of the stabilization measures being undertaken by Societe Generale and SG CIB for Belfius securities.
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