REG - UBS AG London Branch Ming Yang Smart Engy - Post-Stabilisation Notice

Golden Century International HoldingsAnnouncement

25/07/2022 08:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220725:nRSY5274Ta&default-theme=true

RNS Number : 5274T  UBS AG London Branch  25 July 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH
AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS
ANNOUNCEMENT.

 

MING YANG SMART ENERGY GROUP LIMITED

Post-Stabilisation Notice

 

 

 
25 July 2022

 

Further to the pre-stabilisation notice dated 8 July 2022, UBS AG London
Branch (the "Stabilising Manager") (contact: Francois-Olivier Mercier,
Syndicate Desk, telephone: +44 207 567 8000 ) hereby gives notice that no
stabilisation (within the meaning of Commission Delegated Regulation (EU)
2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 as such
legislation forms part of retained EU law by virtue of the European Union
(Withdrawal) Act 2018) was or will be undertaken by the Stabilising Manager in
relation to the offer of the following securities:

 

 Issuer:         MING YANG SMART ENERGY GROUP LIMITED

 Securities:     Global depositary receipts (the "GDRs") each representing five A shares of the

               Company

 ISIN:           US6034912005

 Offering size:  31,280,500 GDRs (excluding the over-allotment option)

 Offer price:    USD 21.00 per GDR

 Market:         London Stock Exchange plc, Shanghai-London Stock Connect segment

 Ticker:         MYSE

 Description:    Initial Public Offering of GDRs

 

On 25 July 2022, the Stabilising Manager, exercised in full the over-allotment
option granted by MING YANG SMART ENERGY GROUP LIMITED (the "Company") in
respect of 2,380,000 GDRs in the Company (the "Option GDRs") at the offer
price of USD 21.00 per Option GDR.

 

Following the exercise of the over-allotment option, the stabilisation period
is hereby terminated as of the date hereof.

 

 

Disclaimer

 

The information contained in this announcement is for background purposes only
and does not purport to be full or complete nor does it constitute or form
part of any invitation or inducement to engage in investment activity, nor
does it constitute an offer or invitation to buy any securities in any
jurisdiction including the United States, or a recommendation in respect of
buying, holding or selling any securities. No reliance may be placed by any
person for any purpose on the information contained in this announcement or
its accuracy, fairness or completeness.

 

This announcement is not for publication or distribution, directly or
indirectly, in or into the United States (including its territories and
possessions, any State of the United States and the District of Columbia),
Australia, Canada, Japan or South Africa. This announcement does not
constitute or form a part of any offering or solicitation to purchase or
subscribe for, or otherwise invest in, securities in the United States,
Australia, Japan or South Africa. The GDRs referred to herein have not been,
and will not be, registered under the United States Securities Act of 1933
(the "Securities Act"). The GDRs are being offered and sold outside the United
States in "offshore transactions" within the meaning of Regulation S under the
Securities Act.

 

The GDRs may not be offered or sold in the United States except pursuant to an
exemption from or in a transaction not subject to the registration
requirements of the Securities Act. There will be no public offering of
securities in the United States.

 

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 Regulation (EU) 2017/1129 (as amended) as it forms part of retained EU
law by virtue of the European Union (Withdrawal) Act 2018, and 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) being
referred to as "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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  STABZLLLLDLBBBV