25th Oct 2013 08:01
ADMISSION TO TRADING ON THE LONDON STOCK EXCHANGE
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
25 October 2013
Stock Spirits Group PLC
Admission to trading on the London Stock Exchange
Further to its announcements on 22 October 2013 relating to its initial public offering (the "Offer"), Stock Spirits Group PLC ("Stock Spirits Group"), a leading Central and Eastern European branded spirits producer, is pleased to announce that its entire ordinary share capital of 200,000,000 shares (the "Ordinary Shares") has today been admitted to the premium listing segment of the Official List of the UK Financial Conduct Authority and to trading on London Stock Exchange plc's main market for listed securities under the ticker STCK.
For further information, please contact
Stock Spirits Group: | +44 (0) 1628 648 500 |
Christopher Heath, Chief Executive Officer | |
Lesley Jackson, Chief Financial Officer | |
Andrew Mills, Investor Relations Director | |
Public Relations Advisers to Stock Spirits Group | |
Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Clinton Manning | |
Dan de Belder | |
Joint Sponsors, Joint Global Co-ordinators, Joint Bookrunner and Lead Manager | |
J.P. Morgan Cazenove: | +44 (0) 20 7742 4000 |
Nicholas Hall | |
Virginia Khoo | |
Nomura: | +44 (0) 20 7521 2000 |
Michael Mackinnon | |
Andrew Forrester | |
Joint Bookrunner | |
Jefferies: | +44 (0) 20 7029 8000 |
Sara Hale | |
Luca Erpici | |
Lead Manager | |
Berenberg: | +44 (0) 20 3207 7800 |
Andrew McNally | |
Chris Snoxall |
Important notice
The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia), Australia, Canada or Japan.
This announcement does not constitute or form part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would be unlawful. The Ordinary Shares have not been, and will not be, registered under the United States Securities Act of 1933 (the "Securities Act"). The Ordinary Shares may not be offered or sold in the United States, except pursuant to an exemption from the registration requirements of the Securities Act. There will be no public offer of securities in the United States.
This communication is distributed in any member state of the European Economic Area which applies the Prospectus Directive (each such member state, a "Relevant Member State", and this Directive together with any implementing measures in any member state, the "Prospectus Directive") only to those persons who are qualified investors for the purposes of the Prospectus Directive in such member state, and such other persons as this document may be addressed on legal grounds, and no person that is not a relevant person or qualified investor may act or rely on this document or any of its contents. The expression "Prospectus Directive" means Directive 2003/71/EC (and any amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State) and includes any relevant implementing measure in each Relevant Member State, and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.
The Ordinary Shares may not be offered or sold, directly or indirectly, in Switzerland except in circumstances that will not result in the offer of the Ordinary Shares being a public offering in Switzerland within the meaning of the Swiss Code of Obligations ("CO"). Neither this document nor any other offering or marketing material relating to the Ordinary Shares constitutes a prospectus as that term is understood pursuant to article 652a or 1156 CO, and neither this document nor any other offering or marketing material relating to the Ordinary Shares may be publicly distributed or otherwise made publicly available in Switzerland. No application has been made for a listing of the Ordinary Shares on the SIX Swiss Exchange and, consequently, the information presented in this document does not necessarily comply with the information standards set out in the listing rules of the SIX Swiss Exchange. Stock Spirits Group is not authorised by or registered with the Swiss Financial Market Supervisory Authority ("FINMA") as a foreign collective investment scheme. Therefore, investors do not benefit from protection under the Swiss collective investment schemes law or supervision by FINMA.
Any purchase of Ordinary Shares in the Offer should be made solely on the basis of the information contained in the final prospectus issued by Stock Spirits Group on 22 October 2013 (the "Prospectus") in connection with Admission. No reliance may or should be placed by any person for any purposes whatsoever on the information contained in this announcement or on its completeness, accuracy or fairness. The information in this announcement is subject to change.
This announcement does not constitute a recommendation concerning the Offer. The price and value of securities can go down as well as up. Past performance is not a guide to future performance. Information in this announcement or any of the documents relating to the Offer cannot be relied upon as a guide to future performance. Potential investors should consult a professional advisor as to the suitability of the Offer for the person concerned.
Each of (i) J.P. Morgan Cazenove, (ii) Nomura, (iii) Jefferies (each of J.P. Morgan Cazenove, Nomura and Jefferies is authorised by the Prudential Regulatory Authority and regulated in the UK by the Prudential Regulatory Authority and the Financial Conduct Authority) and (iv) Berenberg (which is authorised by the German Federal Financial Supervisory Authority and subject to limited regulation by the Financial Conduct Authority) is acting exclusively for Stock Spirits Group and no one else in connection with the Offer and will not regard any other person as its client in relation to the Offer and will not be responsible to anyone other than Stock Spirits Group for providing the protections afforded to their respective clients or for giving advice in relation to the Offer or the contents of this announcement or any transaction, arrangement or other matter referred to herein.
In connection with the Offer, any of J.P. Morgan Cazenove, Nomura, Jefferies and Berenberg or any of their respective affiliates, acting as investors for their own accounts, may subscribe for or purchase Ordinary Shares and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts in such Ordinary Shares and other securities of Stock Spirits Group or related investments in connection with the Offer or otherwise. Accordingly, references in the Prospectus to the Ordinary Shares being issued, offered, subscribed, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by, J.P. Morgan Cazenove, Nomura, Jefferies and Berenberg or any of their respective affiliates acting as investors for their own accounts. J.P. Morgan Cazenove, Nomura, Jefferies and Berenberg or any of their respective affiliates do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.
None of J.P. Morgan Cazenove, Nomura, Jefferies and Berenberg or any of their respective subsidiary undertakings, affiliates or any of their respective directors, officers, employees, advisers, agents or any other person accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to the truth, accuracy, completeness or fairness of the information or opinions in this announcement (or whether any information has been omitted from the announcement) or any other information relating to Stock Spirits Group, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.
In connection with the Offer, a stabilising manager, or any of its agents, may (but will be under no obligation to), to the extent permitted by applicable law, over-allot Ordinary Shares or effect other transactions with a view to supporting the market price of the Ordinary Shares at a higher level than that which might otherwise prevail in the open market. The stabilising manager will not be required to enter into such transactions and such transactions may be effected on any stock, market, over-the-counter market, stock exchange or otherwise and may be undertaken at any time during the period commencing on the date of the commencement of conditional dealings of the Ordinary Shares on the London Stock Exchange and ending no later than 30 calendar days thereafter. However, there will be no obligation on the stabilising manager or any of its agents to effect stabilising transactions and there is no assurance that stabilising transactions will be undertaken. Such stabilising measures, if commenced, may be discontinued at any time without prior notice. In no event will measures be taken to stabilise the market price of the Ordinary Shares above the offer price. Save as required by law or regulation, neither the stabilising manager nor any of its agents intends to disclose the extent of any over-allotments made and/or stabilisation transactions conducted in relation to the Offer.
Related Shares:
STCK.L