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55TM Shawbrook 25

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Last Updated: -
Delayed by 15 minutes
Name Symbol Market Type
Shawbrook 25 LSE:55TM London Bond
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Deutsche Bank AG London Pre Stabilisation Notice - Shawbrook Group plc (7406R)

01/07/2020 12:46pm

UK Regulatory


Shawbrook 25 (LSE:55TM)
Historical Stock Chart


From May 2019 to May 2024

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TIDM55TM

RNS Number : 7406R

Deutsche Bank AG London

01 July 2020

1-Jul-20

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in

which such distribution would be unlawful

Shawbrook Group plc

Pre-stabilisation Period Announcement

Deutsche Bank AG (contact: DCM on 0207-545-4153) hereby gives notice, as Stabilisation Coordinator, may that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU 2016 under the Market Abuse Regulation (EU/596/2014).

The Securities:

   Issuer:                                                              Shawbrook Group plc 

Guarantor (if any):

   Aggregate nominal amount:                               TBC 

Description: Shawbrook Group plc GBP 10.25NC5.25 Tier 2

   Issue/reoffer price:                                            TBC 
   Other offer terms::                                             TBC 

Stabilisation:

   Stabilising Manager(s):                                      ABN AMRO, Deutsche Bank 
   Stabilisation period                                           1-Jul-20 

expected to start on:

Stabilisation period

   expected to end no later than:                            05-Aug-20 
   Existence, maximum size and conditions of       The Stabilisation Manager(s) may over--allot the 

use of over--allotment securities to the extent permitted in accordance

with applicable law(8) .

   Stabilisation trading                                           TBC 

In connection with the offer of the above securities, the Stabilisation Manager(s) may

over -- allot the securities or effect transactions with a view to supporting the market price of

the securities during the stabilisation period at a level higher than that which might otherwise

prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun,

may cease at any time9. 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.

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 State11.

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

July 01, 2020 07:46 ET (11:46 GMT)

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