REG - Goldman Sachs Bnk Eu Goldman Sachs Bnk Eu - Mid-Stabilisation Notice: Douglas AG

Goldman SachsAnnouncement

27/03/2024 15:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240327:nRSa5664Ia&default-theme=true

RNS Number : 5664I  Goldman Sachs Bank Europe SE  27 March 2024

Not for distribution, directly or indirectly, in or into the United States,
Australia, Canada or Japan or any jurisdiction in which such distribution
would be unlawful.

Douglas AG

Mid-stabilisation Notice in accordance with Articles 6(2) of Commission
Delegated Regulation (EU) 2016/1052

 
27 March 2024

Further to the pre-stabilisation period announcement dated March 20, 2024,
Goldman Sachs Bank Europe SE (contact: Philipp Suess; telephone: +49 (0)69
7532 1267) hereby gives notice that the entity undertaking stabilisation (the
"Stabilisation Manager" named below) and its affiliates undertook
stabilisation (within the meaning of Article 3.2(d) of the Market Abuse
Regulation (EU/596/2014)) in relation to the offer of the following
securities, as set out below.

 The securities:
 Issuer:                                                                    Douglas AG
 Securities:                                                                Ordinary bearer shares with no par value of the Issuer (ISIN: DE000BEAU7Y1)
 Primary Base Shares:                                                       Up to 32,692,308 ordinary bearer shares
 Offer price                                                                EUR 26.00
 Stabilisation:
 Stabilisation Manager (and central point within the meaning of Commission  Goldman Sachs Bank Europe SE, Taunusanlage 9-10, 60329 Frankfurt am Main,
 Delegated Regulation (EU) 2016/1052):                                      Germany
 Stabilisation started:                                                     21 March 2024
 Stabilisation last occurred:                                               25 March 2024
 Stabilisation trading venues:                                              Frankfurt Stock Exchange, Xetra, BATS Europe, Chi-X Exchange, Munich Stock
                                                                            Exchange, Stuttgart Stock Exchange, Turquoise MTF

 

Stabilisation transactions:

 Trading Date   Lowest price (EUR)  Highest price (EUR)  Trading venue
 21 March 2024  22.6200             25.5000              Xetra
 22 March 2024  21.7400             23.0000              Xetra
 25 March 2024  21.6800             22.1000              Xetra

 

 

 

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.

 

In member states of the European Economic Area ("EEA"), in which the
Regulation (EU) 2017/1129 as amended (the "Prospectus Regulation") is in
effect other than Germany (the "Relevant Member States"), this announcement is
only addressed to persons who are 'qualified investors' within the meaning of
Article 2(e) of the Prospectus Regulation ("Qualified Investors"). It is
assumed that each person in the Relevant Member States who acquires or is
offered securities as part of an offering (an "Investor") has represented and
agreed that such person is a Qualified Investor; that securities purchased by
such person as part of the offering are not being purchased for any person in
the EEA other than a Qualified Investor or persons in Germany or another
Relevant Member State with comparable legal provisions, with respect to whom
the Investor may make decisions at its own discretion; and that the securities
would not be purchased for offer or re-sale in the EEA, if this would lead to
the Issuer or any of its affiliates being required to publish a prospectus
under Article 3 of the Prospectus Regulation.

 

This announcement and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom and persons in
the United Kingdom who have professional experience in matters related to
investments or who are high net worth persons within Article 12(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United Kingdom.

 

If and to the extent that this announcement is communicated in, or the offer
of the securities to which it relates is made in, the UK before the
publication of a prospectus in relation to the securities which has been
approved by the competent authority in the UK in accordance with Regulation
(EU) 2017/1129 as it forms part of domestic law by virtue of the European
Union (Withdrawal) Act 2018 (the "UK Prospectus Regulation"), this
announcement and the offer are only addressed to and directed at persons in
the UK who are qualified investors within the meaning of the UK Prospectus
Regulation (or who are other persons to whom the offer may lawfully be
addressed) and must not be acted on or relied on by other persons in the UK.

 

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

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  STAFZGZFDNNGDZM