J.P. Morgan AG Stabilisation Notice (8977C)
June 23 2021 - 12:00PM
UK Regulatory
TIDM0A9O
RNS Number : 8977C
J.P. Morgan AG
23 June 2021
Not for distribution, directly or indirectly, in or into the
United States, Australia, Canada or Japan
ABOUT YOU Holding AG
Stabilization Notice in accordance with Articles 6(3) and 8(f)
of Commission Delegated Regulation (EU) 2016/1052
23 June 2021
J.P. Morgan AG (contact: Stefan Weiner; telephone: +49 69 71240)
acting as the stabilization manager in connection with the
admission to trading of shares of ABOUT YOU Holding AG on the
regulated market (regulierter Markt) of the Frankfurt Stock
Exchange (Frankfurter Wertpapierbörse) with simultaneous admission
to the sub-segment thereof with additional post-admission
obligations (Prime Standard) hereby gives notice that, on 23 June
2021, it exercised the greenshoe option granted by the lending
shareholders in connection with over-allotments for 4,774,845
ordinary bearer shares with no par value (Stückaktien) at the
placement price of EUR 23.00 per share.
With the exercise of the greenshoe option, the stabilization
period has ended. No Stabilization in accordance with Article 5(4)
and (5) of Regulation (EU) 596/2014 (Market Abuse Regulation) and
Articles 5-7 of Commission Delegated Regulation (EU) 2016/1052 was
undertaken during the stabilization period.
Disclaimer and Other Notices
This announcement is for information only and does not
constitute an offer or invitation to underwrite, subscribe for or
otherwise acquire or dispose of any securities or investment advice
in any jurisdiction in which such an offer or solicitation is
unlawful, including without limitation, the United States,
Australia, Canada, or Japan. Any failure to comply with these
restrictions may constitute a violation of the securities laws of
such jurisdictions.
This announcement and the information contained herein, is not
an offer of securities for sale in, and is not for transmission to
or publication, distribution or release, directly or indirectly, in
the United States of America (including its territories and
possessions, any state of the United States of America and the
District of Columbia) (the "United States"). The securities being
offered have not been and will not be registered under the US
Securities Act of 1933, as amended (the "Securities Act"), or under
any applicable securities laws of any state or other jurisdiction
of the United States and may not be offered, sold, resold,
transferred or delivered, directly or indirectly, in the United
States unless registered under the Securities Act or pursuant to an
exemption from, or in a transaction not subject to, such
registration requirements and in accordance 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.
Solely for the purpose of the product governance requirements
contained within; (a) EU Directive 2014/65/EU of the European
Parliament and of the Council of 15 May 2014 on markets in
financial instruments, as amended ("MiFID II"); (b) Articles 9 and
10 of Commission Delegated Directive (EU) 2017/593 supplementing
MiFID II; and (c) local implementing measures (together, the "MiFID
II Product Governance Requirements"), and disclaiming all and any
liability, whether arising in tort, contract or otherwise, which
any "manufacturer" (for the purposes of the MiFID II Product
Governance Requirements) may otherwise have with respect thereto,
the Offer Shares have been subject to a product approval process,
which has determined that the Offer Shares are; (i) compatible with
an end target market of retail investors and investors who meet the
criteria of professional clients and eligible counterparties, each
as defined in MiFID II; and (ii) eligible for distribution through
all distribution channels as are permitted by MiFID II (the "Target
Market Assessment"). Notwithstanding the Target Market Assessment,
the price of the Offer Shares may decline and investors could lose
all or part of their investment; the Offer Shares offer no
guaranteed income and no capital protection; and an investment in
the Offer Shares is compatible only with investors who do not need
a guaranteed income or capital protection, who (either alone or in
conjunction with an appropriate financial or other adviser) are
capable of evaluating the merits and risks of such an investment
and who have sufficient resources to be able to bear any losses
that may result therefrom. The Target Market Assessment is without
prejudice to the requirements of any contractual, legal or
regulatory selling restrictions in relation to the Offering.
For the avoidance of doubt, the Target Market Assessment does
not constitute; (a) an assessment of suitability or appropriateness
for the purposes of MiFID II; or (b) a recommendation to any
investor or group of investors to invest in, or purchase, or take
any other action whatsoever with respect to the Offer Shares.
END
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