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Thursday 05 November, 2020

Kepler Cheuvreux

Stabilisation Notice

RNS Number : 2251E
Kepler Cheuvreux
05 November 2020
 

5 November 2020
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO, OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, JERSEY OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

CAN BE DISTRIBUTED ONLY TO QIBs IN THE US AND IN CANADA TO ACCREDITED INVESTORS WHO ARE ALSO PERMITTED CLIENTS IN BRITISH COLUMBIA, ALBERTA, ONTARIO AND QUEBEC ONLY.

 

     AB Ignitis grupė

  Post Stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 6 October 2020, Swedbank AB in cooperation with Kepler Cheuvreux  (contact: Benjamin Tran, telephone: +33 6 40 966044) acting as the stabilisation manager in connection with the initial public offering of shares in AB Ignitis grupė , hereby gives notice that the following stabilisation measures (within the meaning of Article 3.2.(d) of the Market Abuse Regulation (EU/596/2014)) were carried out during the stabilising period  from 6 October 2020 until 5 November 2020 in relation to the offer of the following securities, as set out below.

Issuer:

AB Ignitis grupė

Securities:

GDRs: 13,680,611

Ordinary Shares: 6,319,389

Offering Size:

EUR 450m

Offer Price:

EUR 22.50 per Ordinary Share and per GDR

Market:

London Stock Exchange plc

Ticker:

IGN LI

Stabilisation manager:

Swedbank AB in cooperation with Kepler Cheuvreux

 

For each of the dates during which stabilisation transactions were carried out, the price range was as follows:

Execution Date

Quantity (Offer Shares)

Lowest Price

Highest Price

Price Currency

Stabilisation Trading Venue

7 October 2020

857 000

20.00

22.00

EUR

London Stock Exchange
 

8 October 2020

182 470

21.30

22.00

EUR

London Stock Exchange
 

9 October 2020

16 191

21.40

21.60

EUR

London Stock Exchange
 

12 October 2020

150 000

21.35

21.60

EUR

London Stock Exchange
 

13 October
2020

162 400

20.60

21.40*

EUR

London Stock Exchange
 

* Please note, it is Eur 21.40 and not Eur 21.60, listed in the mid-stabilisation notice, which is the correct level for the highest price 13 October.

Disclaimer    
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 in which such an offer or solicitation is unlawful.

This announcement is not for publication or distribution, directly or indirectly, in whole or in part, in, into, or from the United States of America, Australia, Canada, Japan, Jersey or South Africa or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for, or otherwise invest in, securities in the United States, Australia, Canada, Japan, or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The Shares referred to herein may not be offered or sold in the United States unless registered under the United States Securities Act of 1933 (the "Securities Act") or offered in a transaction exempt from, or not subject to, the registration requirements of the Securities Act. The offer and sale of Shares referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan. Subject to certain exceptions, the Shares referred to herein may not be offered or sold in Australia, Canada or Japan, or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. 

 

 

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