28 Jun 2017 07:30
Pre-stabilisation announcement
Not for distribution, directly or indirectly, in or into the United States, Canada, Japan or Australia or any jurisdiction in which such distribution would be unlawful.
DP Eurasia N.V.
Stabilisation Notice
Morgan Stanley & Co. International Plc (contact: James Manson-Bahr; telephone: 020 7425 3672) hereby gives notice that the Stabilisation Manager named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regulation (EU/596/2014).
The Securities: | |
Issuer: | DP Eurasia N.V. |
Offering securities: | Ordinary Shares of €0.12 each ISIN: NL0012328801 |
Offering description: | Initial Public Offering of Ordinary Shares |
Offering size: | 74,130,435 Ordinary Shares (excluding Over-allotment Option) |
Offer price: | 200 pence per Ordinary Share |
Stabilisation: | |
Stabilisation Manager: | Morgan Stanley & Co. International Plc of 25 Cabot Square, Canary Wharf, London E14 4QA, United Kingdom |
Stabilisation period expected to start on: | Approximately 8.00 a.m. (London time) on 28 June 2017 |
Stabilisation period expected to end no later than: | Close of business on 27 July 2017 |
Maximum size of over-allotment facility: | 11,119,565 Ordinary Shares |
Conditions of use of over-allotment facility:
| May be exercised in whole or in part by the Stabilisation Manager, to the extent permitted by applicable law, at any time during the period commencing with conditional dealings and ending 30 days thereafter |
Over-allotment Option: | |
Terms: | The Stabilisation Manager may over-allot the securities to the extent permitted in accordance with applicable law |
Exercise period: | 30 days from the start of conditional dealings (ending close of business 27 July 2017) |
In connection with the offer of the above securities, the Stabilisation Manager may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilisation Manager will take any stabilisation action and any stabilisation action, if begun, may be ended at any time. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.
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 addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State.
The offer of the above securities and the distribution of this announcement and other information in connection with the offer of the above securities in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
This announcement is not an offer of securities for sale into the United States. The securities 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 will be no public offer of securities in the United States.