14th Mar 2007 07:03
Deutsche Bank AG London14 March 2007 Deutsche Bank AG, London Branch 14 March 2007 Not for distribution, directly or indirectly, in or into the United States,Canada, Japan, Australia or any jurisdiction in which such distribution would beunlawful. Stabilisation notice Smurfit Kappa plc (the "Company") offer (the "Offer") of 78,787,879 ordinaryshares of €0.001 each of the Company (the "Shares"). Deutsche Bank AG, London Branch ("Deutsche Bank") hereby notifies you pursuantto Core Trading Rule 3060 of the Core Trading Rules of the London Stock Exchangeplc that it is the stabilising manager in respect of the Offer and may conductstabilising activities in relation to the Shares in connection with the Offer. Deutsche Bank confirms the following: 1. the securities to be stabilised are the Shares (ISIN: IE00B1RR8406) referred to above. There are no associated instruments that are subject to stabilisation; 2. the stabilising manager is Deutsche Bank AG, London Branch (Contact: Ed Sankey; telephone +44 (20) 7547 6160); 3. stabilisation transactions may occur during the stabilisation period, which is expected to commence at 8.00am on 14 March 2007 and will end at close of business on 13 April 2007; 4. the issue price of the Shares (the "Offer Price") is €16.50 per Share; and 5. in connection with the Offer, Deutsche Bank, as stabilising manager, has entered into over-allotment arrangements with the Company, pursuant to which Deutsche Bank may subscribe for, or procure subscribers for, up to 11,818,181 additional ordinary shares of the Company at the Offer Price (less relevant commissions), for the purpose of allowing Deutsche Bank to meet over-allocations in connection with the Offer and to cover short positions resulting from sales effected by it during the stabilisation period. Such over-allotment option is equivalent to 15% of the Offering. 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 the Company 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, registeredunder the United States Securities Act of 1933, as amended, and may not beoffered or sold in the United States absent registration or an exemption fromregistration. There has not been and will not be a public offer of thesecurities in the United States. Deutsche Bank is authorised under German Banking Law (Competent authority: BaFin- Federal Financial Supervising Authority) and with respect to UK commodityderivatives business by the Financial Services Authority and is regulated by theFinancial Services Authority for the conduct of UK business. Deutsche Bank AG isacting for the Company and no one else in connection with the Offer and will notbe responsible to anyone other than the Company for providing the protectionsafforded to clients of Deutsche Bank nor for providing advice in connection withthe Offer. ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SKG.L