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Post Stabilisation Notice

17th Dec 2013 12:15

RNS Number : 7501V
Infinis Energy plc
17 December 2013
 



Not for release, distribution, or publication, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada or Japan or any other jurisdiction in which such distribution would be unlawful.

 

17 December 2013

Infinis Energy plc

 

Post stabilisation notice

 

Infinis Energy plc confirms that Barclays Capital Securities Limited (Contact: Ben West; telephone: +44 (0)20 7773 9531) gives notice that in accordance with 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's Code of Market Conduct and in its capacity as Stabilisation Manager it has engaged in stabilisation transactions in respect of the following securities during the stabilisation period. No further stabilisation trades have or will take place.

 

The securities:

Issuer:

Infinis Energy plc

Securities:

Ordinary Shares in Infinis Energy plc

ISIN:

GB00BFG1QM56

Offering base size:

90,000,000 shares

Offer price:

260 pence per ordinary share

Associated securities:

There are no associated instruments that are subject to stabilisation

Stabilisation:

Stabilisation Manager:

Barclays Capital Securities Limited, 5 North Colonnade, Canary Wharf, London, E14 4BB, United Kingdom

 

Stabilisation period:

From 15 November 2013 to 13 December 2013

Stabilisation started:

15 November 2013

Stabilisation last occurred:

13 December 2013

For each of the dates during which stabilisation transactions were carried

out, the price range was as follows:

Date

Lowest Price (GBP)

Highest Price (GBP)

15 November 2013

2.6000

2.6000

21 November 2013

2.6000

2.6000

22 November 2013

2.6000

2.6000

25 November 2013

2.5700

2.6000

26 November 2013

2.5800

2.5925

27 November 2013

2.5800

2.5950

28 November 2013

2.6000

2.6000

29 November 2013

2.5800

2.5800

2 December 2013

2.5800

2.6000

4 December 2013

2.5200

2.5600

5 December 2013

2.4800

2.5000

10 December 2013

2.3800

2.3800

11 December 2013

2.3625

2.4000

12 December 2013

2.4200

2.4200

13 December 2013

2.4675

2.5200

Accordingly, Barclays Capital Securities Limited, as Stabilising Manager, exercised the Over-allotment Option (as described in the Infinis Energy plc prospectus (the "Prospectus")) in respect of 1,502,508 Ordinary Shares in Infinis Energy plc on 13 December 2013, which resulted in the total shareholding in Infinis Energy plc of Monterey Capital II S.à r.l. being reduced from 207,170,248 Ordinary Shares to 205,667,740 Ordinary Shares, or by 0.501 per cent.

 

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.

 

This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

 

In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are "qualified investors" within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State.

 

This announcement does not constitute an offer for sale of, or a solicitation to purchase or subscribe for, any securities for in the United States. The securities referred to above have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States absent from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There has not been and will not be a public offer of the securities in the United States. The securities referred to herein have not been registered under any applicable securities laws of Australia, Canada or Japan.

 

 

 

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