Morgan Stanley & Co. Int'l plc Stabilisation Notice (4475I)

TIDM19PK TIDMCYBG

RNS Number : 4475I

Morgan Stanley & Co. Int'l plc

19 June 2017

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

CYBG PLC

Stabilisation Notice

19 June 2017

Morgan Stanley & Co. International plc (contact: Morgan Stanley Debt Syndicate - Matteo Benedetto; telephone: [phone]) hereby gives notice that the Stabilising Managers named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014.

 
 The securities: 
--------------------------------------------------------------------- 
 Issuer:                     CYBG PLC 
--------------------------  ----------------------------------------- 
 Guarantor (if               N/A 
  any): 
--------------------------  ----------------------------------------- 
 Aggregate nominal           TBD 
  amount: 
--------------------------  ----------------------------------------- 
 Description:                GBP[--] [--] per cent. Fixed-to-Floating 
                              Rate Callable Senior Notes due 
                              20[--] (THE "NOTES") 
--------------------------  ----------------------------------------- 
 Offer price:                TBD 
--------------------------  ----------------------------------------- 
 Stabilisation: 
--------------------------------------------------------------------- 
 Stabilising                 MORGAN STANLEY & CO. INTERNATIONAL 
  Managers:                   PLC (Coordinating Stabilisation 
                              Manager) 
                              BARCLAYS BANK PLC 
                              CITIGROUP GLOBAL MARKETS LIMITED 
                              MERRILL LYNCH INTERNATIONAL 
--------------------------  ----------------------------------------- 
 Stabilisation               [19] June 2017 
  period expected 
  to start on: 
--------------------------  ----------------------------------------- 
 Stabilisation               [19] July 2017 
  period expected 
  to end no later 
  than: 
--------------------------  ----------------------------------------- 
 Existence, maximum          The Stabilising Managers may 
  size and conditions         over-allot the securities to 
  of use of over-allotment    the extent permitted in accordance 
  facility:                   with applicable law. 
--------------------------  ----------------------------------------- 
 Stabilisation               London Stock Exchange 
  trading venue: 
--------------------------  ----------------------------------------- 
 

In connection with the offer of the above securities, the Stabilising Managers 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 Stabilising Managers 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.

This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must 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, 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.

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.

END.

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The company news service from the London Stock Exchange

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June 19, 2017 04:33 ET (08:33 GMT)