21st Nov 2013 07:00
Not for distribution, directly or indirectly, in or into the United States of America or any jurisdiction in which such distribution would be unlawful
21 November 2013
Stock Spirits Group PLC
End of Stabilisation Notice and exercise of the Over-allotment Option
Pursuant to Article 9(3) of Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC), and MAR 2.3.5 (3) of the Financial Conduct Authority Code of Market Conduct, J.P. Morgan Securities plc (Manuel Esteve: Telephone: +44 (0)20 7742 4000) hereby gives notice that, as Stabilising Manager, it undertook stabilisation (within the meaning of the rules of the Financial Conduct Authority) in relation to the offer of the following securities, as set out below:
Issuer: Stock Spirits Group PLC
Securities: Ordinary Shares of £0.10 each (ISIN: GB00BF5SDZ96)
Description of offer: Initial Public Offering
Offer price: 235p per Ordinary Share
Stabilising Manager: J.P. Morgan Securities plc
Stabilisation period: 22 October 2013 to 20 November 2013
Stabilisation started: 22 October 2013
Stabilisation last occurred: 20 November 2013
For each of the dates during which stabilisation transactions were carried out, the price range was as follows:
Date | Minimum Price Paid | Maximum Price Paid |
22/10/2013 | 218 | 235 |
23/10/2013 | 220 | 229 |
24/10/2013 | 225.25 | 230 |
25/10/2013 | 227.5 | 233 |
28/10/2013 | 222 | 230 |
29/10/2013 | 224.75 | 230 |
30/10/2013 | 225 | 229 |
31/10/2013 | 224.75 | 228 |
01/11/2013 | 225 | 229.25 |
04/11/2013 | 226 | 234 |
05/11/2013 | 234.25 | 235 |
20/11/2013 | 235 | 235 |
Accordingly, J.P. Morgan Securities plc, as Stabilising Manager, exercised the Over-allotment Option (as described in the Stock Spirits Group PLC prospectus (the "Prospectus")) in respect of 3,008,595 Ordinary Shares in Stock Spirits Group PLC on Wednesday 20 November, which resulted in the total shareholding in Stock Spirits Group PLC of OCM Luxembourg EPOF S.à r.l., OCM Luxembourg POF IV S.à r.l. and OCM Luxembourg EPOF A S.à r.l. (the "Over-allotment Shareholders", as defined in the Prospectus) being reduced from 76,674,490 Ordinary Shares to 73,665,895 Ordinary Shares (which represents 36.8% of Stock Spirits Group PLC's issued share capital).
This announcement is for information purposes only and does not constitute or form part of an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefor.
This announcement is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the United States of America and the District of Columbia) (the "United States"), Australia, Canada, Japan or other excluded territories. This announcement does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase, any securities in the United States, Australia, Canada, Japan or other excluded territories.
The securities of the Issuer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The securities referred to herein have not been registered under the applicable securities laws of Australia, Canada or Japan and, subject to certain exceptions, may not be offered or sold within Australia, Canada or Japan or to any national, resident or citizen of Australia, Canada or Japan. The distribution of this announcement in other jurisdictions may be restricted by law and persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions.
Related Shares:
STCK.L