SThree plc
11 November 2005
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
CANADA, AUSTRALIA OR JAPAN
SThree plc ('SThree')
Stabilisation Notice
UBS Limited hereby notifies the London Stock Exchange that it is the stabilising
manager in respect of the initial public offer of 39,718,732 ordinary shares of
200 pence each in SThree announced on 11 November 2005 (the 'Global Offer') and
may conduct stabilising activities in relation to the ordinary shares in
connection with the above transaction.
1. Security to be stabilised: ordinary shares in SThree plc. There are no
associated instruments that are subject to stabilisation
2. Security Identifier: ISIN: GB00B0KM9T71
3. Stabilising Manager: UBS Limited (James Renwick 020 7568 2015)
4. Stabilisation period commences on 11 November 2005 at 08:00 London time
5. Stabilisation period is expected to end no later than the close of business
on 10 December 2005 (30 days from publication of the offer price)
6. Offer price: 200 pence per ordinary share
7. 15% of the offer size will be subject to over-allotment arrangements
(corresponding to 5,957,808 ordinary shares)
8. Stabilisation will be conducted in accordance with the Price Stabilising
Rules of the FSA
This announcement is for information purposes only and is not for distribution,
directly or indirectly, in or into the United States, Australia, Canada or
Japan. This document does not constitute an offer of securities for sale in the
United States, nor may the securities be offered or sold in the United States
absent registration or an exemption from registration as provided in the US
Securities Act of 1933, and the rules and regulations thereunder. No securities
are being registered for offer or sale in the United States and no public
offering of the securities in the United States will be made.
The information contained herein does not constitute an offer to sell or the
solicitation of an offer to buy nor shall there by any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration, exemption of registration or
qualification under the securities laws of any such jurisdiction.
UBS Limited is acting exclusively for SThree in relation to the Global Offer and
no one else and will not be responsible to anyone other than SThree for
providing the protections afforded to clients of UBS Limited nor for providing
any advice in relation to the Global Offer, the contents of this announcement or
any other matter referred to herein.
In connection with the Global Offer, UBS Limited as stabilising manager (the
''Stabilising Manager'') may effect transactions with a view to supporting the
market price of the Ordinary Shares of the Company at a level higher than that
which might otherwise prevail. Such transactions may commence on or after the
publication of the offer price and will end no later than 30 days thereafter.
However, there is no obligation on the Stabilising Manager to do this. Such
transactions may be effected on the London Stock Exchange, the over the counter
market or otherwise. There is no assurance that such transactions will be
undertaken and, if commenced, they may be discontinued at any time. Save as
required by law, the Stabilising Manager does not intend to disclose the extent
of any over-allotments and/or stabilisation transactions under the Global Offer.
Stabilisation / FSA
This information is provided by RNS
The company news service from the London Stock Exchange
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