Veolia securities may see stabilization by Societe Generale

LONDON - Societe Generale (OTC:SCGLY) has announced that it may engage in stabilization activities for Veolia’s securities, with the potential commencement of such actions starting today, June 10, 2025. The bank, acting as the stabilization coordinator, disclosed that these measures could be in effect until July 17, 2025, in accordance with applicable laws and regulations.

Stabilization maneuvers are typically undertaken to support the market price of securities following their offering, ensuring a level higher than what might naturally occur. Societe Generale, through its corporate and investment banking arm SG CIB, has been named as the stabilization manager. The bank has also indicated the possibility of an over-allotment, which allows the manager to issue more securities than originally planned, a common practice used to manage price stability.

The announcement clarifies that this potential market intervention is not guaranteed and may be halted at any time. It also emphasizes that the actions will be conducted within the boundaries of the law.

The securities in question have not been specified in terms of their aggregate nominal amount or offer price, and no guarantor has been named. The communication is targeted at professional investors and high net worth individuals in the United Kingdom (TADAWUL:4280), with restrictions on reliance or action by other parties in the UK.

Furthermore, the announcement specifies that this information is not an offer to underwrite, subscribe for, or acquire securities and that the securities have not been registered under the United States Securities Act of 1933. Consequently, they cannot be offered or sold in the United States without registration or an exemption from registration, and there will be no public offer of these securities in the United States.

This information, based on a press release statement, is intended to keep investors informed about potential market activities related to Veolia’s securities and does not constitute an invitation for investment actions.

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