Samsung Electronics - Stabilisation Notice
July 01 1997 - 4:41AM
UK Regulatory
RNS No 7396e
SAMSUNG ELECTRONICS & CO LTD
1st July 1997
Stabilisation Notice
Stabilisation/SIB
Name of issuer: Samsung Electronics Co., Ltd.
Security to be stabilised: US$300,000,000 zero per cent. convertible
bonds due December 31, 2007 (the 'Bonds')
Stabilising Manager: Deutsche Morgan Grenfell
Contact: David Charters
Tel: 0171 545 8000
Stabilisation Period: In connection with this issue, during the
period commencing 19th June, 1997 and
ending 26th July, 1997 (both dates
inclusive), Deutsche Morgan Grenfell may
over-allot or effect transactions on the
London Stock Exchange which stabilise or
maintain the market price of the Bonds, or
Global Depository Shares representing the
Common Shares, of Samsung Electronics Co.,
Ltd. at levels which may not otherwise
prevail on that exchange. Such
stabilising, if commenced, may be
discontinued at any time.
Issue terms
Issue Price: 100 per cent.
Interest: Zero per cent.
Final Maturity: 31st December, 2007
Conversion Price: Won 123,635 per Common Share
Associated Security which
may be stabilised: Global Depository Shares representing the
Common Shares of Samsung Electronics Co., Ltd.
Morgan Grenfell & Co. Limited ('Deutsche Morgan Grenfell'), which is regulated
by The Securities and Futures Authority Limited, is acting as Stabilising
Manager for Samsung Electronics Co., Ltd. in connection with the offering of the
Bonds and no one else and will not be responsible to anyone other than Samsung
Electronics Co., Ltd. for providing the protections afforded to customers of
Deutsche Morgan Grenfell or for providing advice in relation to the offering of
the Bonds.
END