4th May 2006 07:02
Citigroup Global Markets UK EqtyLtd04 May 2006 Citigroup Global Markets UK Equity Ltd 04 May 2006 Debenhams plc - Initial Public Offering of Ordinary Shares Stabilisation Notice Pursuant to Core Dealing Rule 3060-3061, Citigroup Global Markets UK EquityLimited hereby notifies the London Stock Exchange that it and its affiliates maystabilise the offering of the Ordinary Shares of Debenhams plc: 1. We hereby notify the fact that stabilisation may be undertaken infollowing securities: 487,179,488 Ordinary Shares of Debenhams plc (withover-allotment arrangements in respect of up to 48,717,948 Ordinary Shares). 2. The securities to be stabilised are the Ordinary Shares (ISIN CodeGB00B126KH97). There are no associated instruments that are subject tostabilisation; 3. The stabilising manager is Citigroup Global Markets UK Equity Limited(Contact - Darrell Uden - telephone 020 7986 0410); 4. The stabilisation period commences on 04 May 2006 at approximately 08:00am London time and will end at 4:30pm on 2 June 2006 5. The Offer price is 195 pence per share; 6. In connection with the Initial Public Offering, Citigroup Global MarketsUK Equity Limited, as stabilising manager, has entered into over-allotmentarrangements with certain of the shareholders in the Company, pursuant to whichCitigroup Global Markets UK Equity Limited may acquire, or procure acquirors forup to 48,717,948 Ordinary Shares at the Offer Price, for the purpose of allowingCitigroup Global Markets UK Equity Limited to meet over-allocations inconnection with the Initial Public Offering and to cover short positionsresulting from sales effected by it during the stabilisation period; and 7. Stabilisation will be conducted in accordance with the FSA rules Darrell Uden Citigroup Global Markets UK Equity Limited This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Debenhams