DGAP-News: Citigroup Global Markets Limited / Key word(s): Miscellaneous
Citigroup Global Markets Limited: Exercise of Greenshoe Option - AKASOL AG

27.07.2018 / 18:00
The issuer is solely responsible for the content of this announcement.



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.

AKASOL AG

Stabilization Notice in accordance with Article 5(4) and (5) of the Market Abuse Regulation (EU Regulation 596/2014) and Articles 6(3) and 8(f) of Commission Delegated Regulation (EU) 2016/1052 (Exercise of Greenshoe Option and End of Stabilization Period)

Further to the pre-stabilization announcement dated June 20, 2018, Citigroup Global Markets Limited as Stabilization Manager hereby gives notice that no stabilization (within the meaning of Article 3.2 (d) of the Market Abuse Regulation (EU Regulation 596/2014) was undertaken by the Stabilization Manager in relation to securities as set out below.

Securities:  
Issuer: AKASOL AG
Description: Ordinary shares
ISIN DE000A2JNWZ9
Offer price: EUR 48.50
Stabilization Manager: Citigroup Global Markets Limited
 


In addition, Citigroup Global Markets Limited, acting as the Stabilization Manager as well as on behalf of COMMERZBANK AG, Frankfurt am Main (Citigroup Global Markets Limited and COMMERZBANK AG together the "Joint Global Coordinators") hereby gives notice that the stabilization period in connection with the initial public offering of AKASOL AG ended on July 27, 2018. On the same day the Joint Global Coordinators have exercised the greenshoe option granted to them by Schulz Group GmbH, Felix von Borck, Stephen Raiser und Björn Eberleh (together the "Selling Shareholders") at the offer price of EUR 48.50 per share. Thus all of the 221,185 shares that have been allotted in connection with the Over-Allotment and that have initially been provided by the Selling Shareholders by way of share loan, were placed.

Disclaimer

This announcement is for information purposes only and does not constitute an offer to sell or a solicitation to buy or subscribe to securities. The public offering with respect to the securities of AKASOL AG has already ended.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended, any may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.

In the United Kingdom, this communication is directed only at persons who: (i) are qualified investors within the meaning of the Financial Services and Markets Act 2000 (as amended) and any relevant implementing measures and/or (ii) are outside the United Kingdom or (iii) have professional experience in matters relating to investments and fall within the definition of "investment professionals" contained in article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or are persons falling within article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Order, or fall within another exemption to the Order (all such persons referred to in (i) to (iii) above together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.


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.



27.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Citigroup Global Markets Limited
33 Canada Square
E14 5LB London
United Kingdom
E-mail: info@citigroup.com
ISIN: DE000A2JNWZ9
WKN: A2JNWZ

 
End of News DGAP News Service

708855  27.07.2018 

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