The Royal Bank of Scotland plc - Stabilisation Notice
September 28 2016 - 3:20AM
Business Wire
Regulatory News:
Not for distribution, directly or indirectly, in or into the
United States or any jurisdiction in which such distribution would
be unlawful.
BASF SE
Stabilisation Notice
The Royal Bank of Scotland plc, (contact: Philippe Bradshaw,
+442070855213) hereby gives notice that the Stabilising Manager(s)
named below may stabilise the offer of the following securities in
accordance with Commission Regulation (EC) No. 2273/2003
implementing the Market Abuse Directive (2003/6/EC).
The securities: Issuer: BASF SE Guarantor (if any):
None Aggregate nominal amount: GBP tbc Description: Sterling
Benchmark Transaction Due October 2023 Offer price: tbc Other offer
terms: tbc Stabilisation: Stabilising Manager(s): The Royal Bank of
Scotland plc (co-ordinating stabilisation manager)
Barclays Bank PLC
Goldman Sachs International
Stabilisation venue: Luxembourg Stabilisation period expected to
start on: 28/09/2016 Stabilisation period expected to end no later
than: For a maximum of 30 days after the proposed issue date of the
securities Maximum size of over-allotment facility: 5% of the
aggregate nominal amount stated above.
In connection with the offer of the above securities, the
Stabilising Manager(s) may over-allot the securities or effect
transactions with a view to supporting the market price of the
securities at a level higher than that which might otherwise
prevail. However, there is no assurance that the Stabilising
Manager(s) will take any stabilisation action and any stabilisation
action, if begun, may be ended at any time.
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 is only directed at, and the securities are
only available to, persons having professional experience in
matters related to investments or who are high net worth persons
within article 12(5) or Investment Professionals within article
19(5) or High Net worth companies, within article 49(2) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 and should not be acted on by others.
To the extent that the offer of the securities is made in any
EEA Member State that has implemented Directive 2003/71/EC
(together with any applicable implementing measures in any Member
State, the "Prospectus Directive") before the date of 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, where appropriate,
published in another Member State and notified to the competent
authority in that Member State in accordance with the Prospectus
Directive), the offer is only addressed to qualified investors in
that Member State within the meaning of the Prospectus Directive or
has been or will be made otherwise in circumstances that do not
require the Issuer to publish a prospectus pursuant to the
Prospectus Directive.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160928005522/en/
The Royal Bank of Scotland plcPhilippe Bradshaw,
+442070855213