Last checked at 20 Jun 2014 07:00
POST-STABILISATION ANNOUNCEMENT
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Saga plc
Stabilisation Notice
Merrill Lynch International (contact: Daniel Norman; telephone: +44 (0) 20 995 3700) hereby gives notice that the Stabilisation Manager(s) named below undertook stabilisation (within the meaning of the rules of the Financial Services Authority) in relation to the offer of the following securities, as set out below.
Issuer: | Saga plc |
Securities: | Ordinary Shares at a price of 1 pence each (ISIN - GB00BLT1Y088) |
Offering Description: | Initial Public Offering |
Base Offering Size: | 297,297,297 Ordinary Shares |
Offer price: | 185 pence per Ordinary Share |
Stabilisation Manager(s) | Merrill Lynch International |
Stabilisation started: | 23 May 2014 |
Stabilisation last occurred: | 13 June 2014 |
For each of the dates during which stabilisation transactions were carried out, the price range was as follows:
Date | Lowest Price (GBp) | Highest Price (GBp) |
23/05/2014 | 184.750 | 185.000 |
27/05/2014 | 180.000 | 185.000 |
28/05/2014 | 182.750 | 185.000 |
29/05/2014 | 185.000 | 185.000 |
30/05/2014 | 185.000 | 185.000 |
02/06/2014 | 185.000 | 185.000 |
03/06/2014 | 178.000 | 185.000 |
04/06/2014 | 173.000 | 176.000 |
05/06/2014 | 172.000 | 180.000 |
09/06/2014 | 172.250 | 180.000 |
11/06/2014 | 173.000 | 175.000 |
12/06/2014 | 170.875 | 171.000 |
13/06/2014 | 169.500 | 170.750 |
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.
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, 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 has not been and will not be a public offer of the securities in the United States.