17th May 2011 08:45
POST STABILISATION NOTICE
17th May, 2011
Not for distribution, directly or indirectly, in or into the United States, Russia, Australia, Canada, the Hong Kong Special Administrative Region of the People's Republic of China, Japan, South Africa or any jurisdiction in which such distribution would be unlawful.
ETALON GROUP LIMITED
End of Stabilisation Notice
Pursuant to Article 9(3) of Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive and MAR 2.3.5(3) of the Financial Services Authority Code of Market Conduct, Renaissance Capital Limited (Contact: Robert Scavera 0207 367 8234) hereby gives notice that the Stabilising Manager named below undertook stabilisation (within the meaning of the rules of the Financial Services Authority) in relation to the offer of the securities set out below:
The securities: | |
Issuer: | Etalon Group Limited |
Aggregate nominal amount: | US $575,000,000 |
Description: | Ordinary Shares of Etalon Group Limited in the form of Global Depositary Receipts: ISINs US29760G1031 & US29760G2021 |
Offer price | US $7.00 per Global Depositary Receipt. |
Stabilising Manager(s) | Renaissance Securities (Cyprus) Limited |
Stabilisation started: | 15th April, 2011 |
Stabilisation last occurred: | 13th May, 2011 |
For each of the dates during which stabilisation transactions were carried out, the price range was as follows:
Date | Lowest Price | Highest Price |
15/04/2011 | 6.55 | 7.00 |
18/04/2011 | 6.50 | 6.69 |
19/04/2011 | 6.56 | 6.60 |
20/04/2011 | 6.58 | 6.605 |
21/04/2011 | 6.585 | 6.74 |
26/04/2011 | 6.74 | 6.80 |
27/04/2011 | 6.78 | 6.86 |
28/04/2011 | 6.89 | 6.925 |
03/05/2011 | 6.98 | 7.00 |
04/05/2011 | 6.92 | 6.98 |
05/05/2011 | 6.78 | 6.93 |
06/05/2011 | 6.78 | 6.80 |
09/05/2011 | 6.72 | 6.82 |
10/05/2011 | 6.68 | 6.75 |
11/05/2011 | 6.72 | 6.75 |
12/05/2011 | 6.68 | 6.75 |
13/05/2011 | 6.74 | 6.80 |
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
These materials are not an offer for sale of securities or solicitation to purchase or subscribe for securities in the United States. The Securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the "Securities Act").
The Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the Securities. Etalon Group Limited does not intend to register any part of the offering in the United States or to conduct a public offering of Securities in the United States.
END
Related Shares:
ETLN.L