NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
As announced in connection with the offering and the admission to trading of the Company's B-shares on Nasdaq Stockholm, Carnegie has, as stabilisation manager, had the option to perform transactions which will result in the share price being sustained at a higher level than would otherwise be the case in the open market. Stabilisation transactions have been possible to be carried out on Nasdaq Stockholm, in the over-the-counter market or otherwise, at any time during the period starting on the date of commencement of trading in the B-shares on Nasdaq Stockholm and ending not later than 30 calendar days thereafter.
Carnegie has, however, had no obligation to carry out stabilising transactions and there has been no assurance that stabilising transactions would be undertaken. Further, stabilising transactions, if undertaken, could be discontinued at any time without prior notice. In no event could transactions be carried out at levels above the offering price (i.e.
Carnegie has notified that stabilisation measures have been undertaken in respect of 16,848,061 B-shares in accordance with article 5(4) in the Market Abuse Regulation 596/2014. All transactions during the stabilisation period have been carried out on Nasdaq Stockholm. The stabilisation period regarding the offering has now ended and no further stabilising transactions will be effected. Below is a summary of the stabilisation transactions which have been undertaken during the stabilisation period. The contact person at Carnegie is Johan Flintull (phone no: +46 8 5886 8842).
In connection with the offering the Company granted the Managers with a so-called overallotment option which has entitled the Managers, no later than 30 days from the first date of trading in the Company's B-shares on Nasdaq Stockholm, to acquire up to 52,205,241 additional newly issued B-shares, corresponding to a maximum of approximately 15 per cent of the number of B-shares in the offering, at the offering price (i.e.
Stabilisation information | |
Issuer: | |
Securities: | B-shares (ISIN: SE0016797732) |
Ticker: | STOR B |
Stabilisation Manager: | |
Offering size: | 348,034,945 B-shares |
Offering Price: |
Stabilisation measures | ||||||
Date | Quantity (number of shares) | Highest price (SEK | Lowest price (SEK) | Volume weighted average price (SEK) | Currency | Trading venue |
2021-10-06 | 16,533,513 | 38.5000 | 38.4150 | 38.4927 | SEK |
Nasdaq |
2021-10-14 | 227,633 | 38.5000 | 38.5000 | 38.5000 | SEK |
Nasdaq |
2021-10-28 | 86,915 | 38.5000 | 38.5000 | 38.5000 | SEK |
Nasdaq |
For further information, please contact:
Tel: +46 73 - 920 94 00
E-mail: daniel.kaplan@storskogen.com
Tel: +46 73 - 988 44 66
E-mail: lena.glader@storskogen.com
Tel: +46 70 - 455 58 81
E-mail: michael.metzler@storskogen.com
The information was submitted for publication, through the agency of the contact persons set out above, at 18:00CEST on 5 November 2021.
Important information
This announcement is not for publication or distribution, directly or indirectly, in or into
This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for, or otherwise invest in, securities to any person in
The securities referred to herein may not be offered or sold in
The offering of the securities referred to in this announcement has been made by means of a prospectus which has been provided by the Company and which contain detailed information about the Company. This announcement constitutes an advertisement and not a prospectus for the purposes of Regulation (EU) 2017/1129 (together with any applicable implementing measures in any Member State. Investors should not invest in any securities referred to in this announcement except on the basis of information contained in the aforementioned prospectus.
In any member state of the European Economic Area, other than
In the
https://news.cision.com/storskogen-group-ab/r/exercise-of-overallotment-option-and-end-of-stabilisation-period,c3447306
https://mb.cision.com/Main/20705/3447306/1492116.pdf
(c) 2021 Cision. All rights reserved., source