J.P. Morgan Securities PLC. Stabilisation Notice (5680Q)
February 26 2021 - 10:36AM
UK Regulatory
TIDMATG
RNS Number : 5680Q
J.P. Morgan Securities PLC.
26 February 2021
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED
STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH
AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD
BE UNLAWFUL.
Auction Technology Group plc (the "Company")
End of Stabilisation Notice
Further to the pre-stabilisation period announcement dated 23
February 2021, J.P. Morgan Securities plc (which conducts its UK
investment banking activity as J.P. Morgan Cazenove) (contact: Beau
Freker; telephone: +44 207 742 4000) hereby gives notice that no
stabilisation (within the meaning of the UK version of Commission
Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing
Regulation (EU) No 596/2014 as such legislation forms part of UK
law by virtue of the European Union (Withdrawal) Act 2018) was
undertaken by the Stabilising Manager named below in relation to
the offer of the following securities and is terminating the
stabilisation period early.
The securities:
Issuer: Auction Technology Group plc
----------------------------------------------------
Securities: Ordinary shares of the Company (ISIN: GB00BMVQDZ64)
----------------------------------------------------
Offer size: 45,452,752 (excluding the Over-allotment
Option)
----------------------------------------------------
Offer price: 600 pence
----------------------------------------------------
Stabilisation:
Stabilising Manager(s): J.P. Morgan Securities plc (which conducts
its UK investment banking activity as J.P.
Morgan Cazenove), 25 Bank Street, Canary
Wharf, London, E14 5JP, United Kingdom
----------------------------------------------------
Stabilisation period Tuesday 23 February 2021 - Friday 26 February
2021
----------------------------------------------------
Maximum size of Up to 4,545,275 shares
Over-allotment
facility:
----------------------------------------------------
Stabilisation trading London Stock Exchange
venue:
----------------------------------------------------
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 Company in
any jurisdiction.
This announcement is not for release, publication or
distribution, directly or indirectly, in or into the United States
of America (the "United States"), Australia, Canada, Japan, the
Republic of South Africa or any other jurisdiction where such
release, publication or distribution would be unlawful. This
announcement does not contain or constitute, or form part of, an
offer to sell, or a solicitation of an offer to purchase, any
securities in the United States, Australia, Canada, Japan, the
Republic of South Africa or any other jurisdiction where such an
offer would be unlawful.
The securities discussed herein have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act"), or with any securities regulatory authority of
any state or other jurisdiction of the United States. The
securities may not be offered, sold, resold, transferred or
delivered, directly or indirectly, within the United States except
pursuant to an applicable exemption from or in a transaction not
subject to the registration requirements of the Securities Act and
in compliance with any applicable securities laws of any state or
other jurisdiction of the United States. No public offering of the
securities discussed herein is being made in the United States. The
securities referred to herein have not been registered under the
applicable securities laws of Australia, Canada, Japan or the
Republic of South Africa and, subject to certain exceptions, may
not be offered or sold within Australia, Canada or Japan or to any
national, resident or citizen of Australia, Canada, Japan or the
Republic of South Africa. The release, publication or distribution
of this announcement in other jurisdictions may be restricted by
law and persons into whose possession this announcement comes
should inform themselves about, and observe, such restrictions.
This announcement is only addressed to and directed at specific
addressees who: (A) if in member states of the European Economic
Area (the "EEA"), are persons who are "qualified investors" within
the meaning of Article 2(e) of Regulation (EU) 2017/1129 (as
amended) ("Qualified Investors"); and (B) if in the United Kingdom,
are "qualified investors" within the meaning of Article 2(e) of the
UK version of Regulation (EU) 2017/1129 (as amended) as it forms
part of UK law by virtue of the European Union (Withdrawal) Act
2018 who are: (i) persons having professional experience in matters
relating to investments who fall within the definition of
"investment professionals" in Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the
"Order"); or (ii) high net worth entities falling within Article
49(2)(a) to (d) of the Order; or (C) are other persons to whom it
may otherwise lawfully be communicated (all such persons referred
to in (B) and (C) together being "Relevant Persons"). This
announcement must not be acted or relied on (i) in the United
Kingdom, by persons who are not Relevant Persons and (ii) in any
member state of the EEA by persons who are not Qualified Investors.
Any investment activity to which this announcement relates (i) in
the United Kingdom is available only to, and may be engaged in only
with, Relevant Persons; and (ii) in any member state of the EEA is
available only to, and may be engaged only with, Qualified
Investors.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
STAEASAKADPFEFA
(END) Dow Jones Newswires
February 26, 2021 11:36 ET (16:36 GMT)
Auction Technology (LSE:ATG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Auction Technology (LSE:ATG)
Historical Stock Chart
From Apr 2023 to Apr 2024