Princes Group Regulatory News (PRN)

23 Nov 2006 11:51

HSBC Bank plc23 November 2006 November 23, 2006 Not for distribution, directly or indirectly, in or into the United States orany jurisdiction in which such distribution would be unlawful. Pernod Ricard Stabilisation Notice HSBC Bank plc (contact: Karin Becker; telephone: +44 207 991 5856) hereby givesnotice that the Stabilising Managers named below may stabilise the offer of thefollowing securities in accordance with Commission Regulation (EC) No. 2273/2003implementing the Market Abuse Directive (2003/6/EC). The securities: Issuer: Pernod Ricard Guarantor (if any): Aggregate nominal amount: EUR300m Description: EUR 5yr FRN Offer price: 99.876 Stabilisation: Stabilising Managers: HSBC Bank Stabilisation period expected to start on: November 22, 2006 Stabilisation period expected to end no later November 29, 2006than: Maximum size of over-allotment facility: 5% of the aggregate nominal amount In connection with the offer of the above securities, the Stabilising Managersmay over-allot the securities or effect transactions with a view to supportingthe market price of the securities at a level higher than that which mightotherwise prevail. However, there is no assurance that the Stabilising Managerswill take any stabilisation action and any stabilisation action, if begun, maybe ended at any time. 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 Issuer in any jurisdiction. This announcement and the offer of the securities to which it relates are onlyaddressed to and directed at persons outside the United Kingdom and persons inthe United Kingdom who have professional experience in matters related toinvestments or who are high net worth persons within article 12(5) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order 2005 andmust not be acted on or relied on by other persons in the United Kingdom. In addition, if and to the extent that this announcement is communicated in, orthe offer of the securities to which it relates is made in, any EEA Member Statethat has implemented Directive 2003/71/EC (together with any applicableimplementing measures in any Member State, the "Prospectus Directive") beforethe publication of a prospectus in relation to the securities which has beenapproved by the competent authority in that Member State in accordance with theProspectus Directive (or which has been approved by a competent authority inanother Member State and notified to the competent authority in that MemberState in accordance with the Prospectus Directive), this announcement and theoffer are only addressed to and directed at persons in that Member State who arequalified investors within the meaning of the Prospectus Directive (or who areother persons to whom the offer may lawfully be addressed) and must not be actedon or relied on by other persons in that Member State. 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 UnitedStates Securities Act of 1933 and may not be offered or sold in the UnitedStates absent registration or an exemption from registration. There will be nopublic offer of securities in the United States. This information is provided by RNS The company news service from the London Stock Exchange