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LONDON - Societe Generale (OTC:SCGLY), acting as the Stabilisation Coordinator, has announced the possibility of market stabilization activities for AP2R securities, starting today with a stabilisation period that may extend until June 27, 2025. This move is in line with the EU’s Market Abuse Regulation and the UK FCA Stabilisation Binding Technical Standards.
AP2R, the issuer of the securities, has not disclosed a guarantor for the aggregate nominal amount of EUR 500 million worth of securities. The stabilization measures, which would be managed by SG CIB, aim to support the market price of the securities during the stabilization period at a level higher than what might otherwise prevail. However, there is no certainty that stabilization will occur, and if initiated, it can be discontinued at any time.
The stabilization activities may include over-allotment of securities, which will be conducted within the boundaries of applicable laws and rules. These measures are designed to provide liquidity and support the market price after the issuance of the securities.
The announcement clarifies that this information is strictly for those outside the United Kingdom (TADAWUL:4280) or those within the UK who have professional experience in investment matters or are high net worth individuals, as defined by specific provisions of the Financial Services and Markets Act 2000.
Furthermore, the securities in question have not been registered under the United States Securities Act of 1933 and, therefore, 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, based on a press release statement, is intended to inform market participants and is not an offer to underwrite, subscribe for, or otherwise acquire or dispose of any securities. The London Stock Exchange (LON:LSEG)’s news service RNS, approved by the Financial Conduct Authority, has distributed the announcement, which is subject to terms and conditions regarding its use and distribution.
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