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End of Stabilisation Notice

21st Nov 2013 07:00

RNS Number : 5794T
Stock Spirits Group PLC
21 November 2013
 



 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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