27th Oct 2006 07:32
Plaza Centers N.V.27 October 2006 27 October 2006 Stabilisation Notice: Plaza Centers N.V. (the "Company") In connection with the offer of the following ordinary shares (the "Offer"): Plaza Centers N.V. ordinary shares of nominal value €0.01 each (the "OrdinaryShares") ISIN Code: NL 0000686772 UBS Limited ("UBS") as stabilisation manager, or any other person acting for it,may conduct stabilising activities with a view to supporting the market price ofthe Ordinary Shares at a level higher than that which might otherwise prevailfrom 8:00a.m. on 27 October 2006 to 24 November 2006. However, there may be noobligation on UBS, or any agent of UBS, to do this. Such stabilisationtransactions may be effected on the London Stock Exchange and any othersecurities market, over the counter market, stock exchange or otherwise. Suchstabilisation transactions, if commenced, may be discontinued at any time andmust be brought to an end no later than 24 November 2006. There are noassociated instruments that are subject to stabilisation. In connection with its stabilising activities the Company has granted UBS, onbehalf of the underwriters, an over-allotment option (the "Over-allotment Option"), exercisable on or before 24 November 2006 which, if exercised willrequire the Company to issue to UBS up to 10 per cent. of the aggregate numberof Ordinary Shares available in the Offer (before any exercise of the Over-allotment Option) at the offer price of 180 pence to such over-allotments (ifany) and/or cover short positions arising from sales of Ordinary Shares effectedby it during the stabilising period. UBS has agreed with the Company that any over-allotment of Ordinary Shares by itor any of its agents will be up to a maximum of 10 per cent. of the total numberof Ordinary Shares comprised in the Offer (before any exercise of theOver-allotment Option). Number of Ordinary Shares in the Offer: 85,714,286 Number of Ordinary Shares subject to the Over-allotment Option: 8,571,428 The Offer Price of Plaza Centers N.V. Ordinary Shares of nominal value €0.01each was set at 180 pence on 26 October 2006. UBS contacts: Trevor Franz +44 207 568 8379 This announcement may not be distributed, directly or indirectly, in or into theUnited States of America, Canada, Australia, Japan, Republic of Ireland, theState of Israel or the Republic of South Africa. This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire or disposeof any securities of Plaza Centers N.V. in any jurisdiction. In addition, if and to the extent that this announcement is communicated in, orthe offer of the securities to which it relates is made in, any EEA Member Statethat has implemented Directive 2003/71/EC (together with any applicableimplementing measures in any Member State, the "Prospectus Directive") beforethe publication of a prospectus in relation to the securities which has beenapproved by the competent authority in that Member State in accordance with theProspectus Directive (or which has been approved by a competent authority inanother Member State and notified to the competent authority in that MemberState in accordance with the Prospectus Directive), this announcement and theOffer 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 areother persons to whom the offer may lawfully be addressed) and must not be actedon or relied on by other persons in that Member State. The Offer and the distribution of this announcement and other information inconnection with the Offer in certain jurisdictions may be restricted by law andpersons into whose possession any document or other information referred toherein comes should inform themselves about and observe any such restriction.Any failure to comply with these restrictions may constitute a violation of thesecurities laws of any such jurisdiction. This announcement is not an offer of securities for sale into the United Statesof America. The securities have not been, and will not be, registered under theU.S. Securities Act of 1933 and may not be offered or sold in the United Statesabsent registration or an exemption from registration. There will be no publicoffer of securities in the United States of America. Defined terms used in this announcement have the same meaning as in theCompany's Prospectus to be published in due course unless the context requiresotherwise. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Plaza