10th Jun 2008 12:33
11th June 2008
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
PALM HILLS DEVELOPMENTS
Stabilisation Notice
Goldman Sachs International (contact: Daniel Martin; telephone: 020 7552 9575) hereby gives notice that stabilisation was undertaken in relation to the offer of ordinary shares, as set out below.
For each of the dates during which stabilisation transactions were carried out, the price range was as follows:
|
Date |
Lowest price ($) |
Highest price ($) |
|
08 May 2008 |
20.1 |
20.30 |
|
09 May 2008 |
19.12 |
20.00 |
|
12 May 2008 |
18.25 |
19.25 |
|
14 May 2008 |
18.00 |
18.00 |
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 is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.
Related Shares:
PHDC.L