ContourGlobal PLC Exercise of Over-allotment Option (8864Y)

TIDMGLO

RNS Number : 8864Y

ContourGlobal PLC

08 December 2017

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

Notice relating to stabilization transactions pursuant to article 5(4) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 as well as article 6(2), (3) and article 8 of Commission Delegated Regulation (EU) No 2016/1052 of 8 March 2016

ContourGlobal plc

Exercise of Over-allotment Option

8 December 2017

Goldman Sachs International ("Goldman Sachs"), acting as stabilising manager in connection with the initial public offering (the "Global Offer") of ContourGlobal plc (the "Company") has today given notice of its decision to exercise the over-allotment option (the "Over-allotment Option") granted by ContourGlobal L.P. (the "Over-allotment Shareholder") in respect of 13,292,037 ordinary shares of the Company (the "Over-allotment Shares") at the offer price of 250 pence per Over-allotment Share. The Company did not participate in the Over-allotment Option.

Including the exercise of the Over-allotment Option, the final total size of the Global Offer was GBP474,292,850 (189,717,140 ordinary shares), in total representing 28.3 per cent of the ordinary shares of the Company currently in issue.

Important notice

This announcement is for information only and does not constitute an offer or invitation to underwrite, subscribe for or otherwise acquire or dispose of any securities or investment advice in any jurisdiction in which such an offer or solicitation is unlawful, including without limitation, the United States, Australia, Canada, or Japan. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions.

This announcement and the information contained herein, is not an offer of securities for sale in, and is not for transmission to or publication, distribution or release, directly or indirectly, in the United States of America (including its territories and possessions, any state of the United States of America and the District of Columbia) (the "United States"). The securities being offered have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), or under any applicable securities laws of any state or other jurisdiction of the United States and may not be offered, sold, resold, transferred or delivered, directly or indirectly, in the United States unless registered under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, such registration requirements and in accordance with any applicable securities laws of any state or other jurisdiction of the United States. No public offering of the securities discussed herein is being made in the United States.

Goldman Sachs is authorised by the Prudential Regulation Authority ("PRA") and regulated by the PRA and the Financial Conduct Authority. Goldman Sachs is acting exclusively for the Company and no one else in connection with the Global Offer, will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Global Offer and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients nor for giving advice in relation to the Global Offer or any transaction or arrangement referred to in this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

December 08, 2017 13:16 ET (18:16 GMT)