RBC Europe Ltd Exercise of Over-allotment Option (7344T)

TIDMCCFS

RNS Number : 7344T

RBC Europe Ltd

16 October 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR ANY JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL.

16 October 2017

Charter Court Financial Services Group plc

Exercise of Over-allotment Option and End of Stabilisation Period

Pursuant to Article 6(3) of Commission Regulation (EU) 2016/1052 supplementing Article 5 of Regulation (EU) No 596/2014 on market abuse (the "EU Market Abuse Regulation"), RBC Europe Limited, hereby gives notice that no stabilisation (within the meaning of the EU Market Abuse Regulation) was undertaken by the Stabilising Manager named below in relation to the offer of the following securities and that the stabilisation period ended on 16 October 2017:

 
 Issuer          Charter Court Financial Services Group 
                  PLC ("CCFS") 
--------------  ---------------------------------------- 
 Securities      Ordinary Shares of GBP0.01 each 
--------------  ---------------------------------------- 
 ISIN            GB00BD822578 
--------------  ---------------------------------------- 
 Description     Initial Public Offering of Ordinary 
                  Shares 
--------------  ---------------------------------------- 
 Offer Price     230 pence per Ordinary Share 
--------------  ---------------------------------------- 
 Market          London Stock Exchange, Over-The-Counter 
                  (OTC) and other order book venues 
                  e.g. Turquoise, BATS and Chi-X 
--------------  ---------------------------------------- 
 Ticker          CCFS 
--------------  ---------------------------------------- 
 Stabilisation   RBC Europe Limited 
  Manager 
--------------  ---------------------------------------- 
 Stabilisation   From 29 September 2017 to 16 October 
  Period          2017 
--------------  ---------------------------------------- 
 

The Over-allotment Option to purchase up to 14,347,825 Shares, granted to RBC Europe Limited (in its capacity as Stabilisation Manager on behalf of the underwriters) by certain CCFS shareholders was exercised in its entirety by RBC Europe Limited on 16 October 2017.

Disclaimer

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 as referred to in 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, as amended (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 does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase any securities in the United States or any other jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 as amended (the "Securities Act") and may not be offered or sold in the United States except to "qualified institutional buyers" as defined in, and in reliance on, Rule 144A under the Securities Act or another exemption from, or transaction not subject to, the registration requirements of the Securities Act. All offers and sales of securities outside of the United States will be made in reliance on, and in compliance with, Regulation S under the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.

This information is provided by RNS

The company news service from the London Stock Exchange

END

This information is provided by RNS

The company news service from the London Stock Exchange

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October 16, 2017 11:45 ET (15:45 GMT)