REG - RBC Europe Ltd - Post Stabilisation Notice

Purmo OyjAnnouncement

08/07/2024 13:30

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RNS Number : 5345V  RBC Europe Ltd  08 July 2024

08/07/2024

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

Project Grand (UK) Plc

Post-Stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 28/06/2024 and to
the mid-stabilisation period announcements dated 08/07/2024,  RBC Europe
Limited, (Syndicate telephone: Alan Someck: 020 7029 7529) that the
Stabilisation Manager(s) named below undertook stabilisation (within the
meaning of Article 3.2(d) of the Market Abuse Regulation (EU /596/2014) and
also as it forms part of domestic law by virtue of the European Union
(Withdrawal) Act 2018]2) was undertaken by the Stabilisation Manager(s) named
below in relation to the offer of the following securities.

 

 The securities:
 Issuer:                                  Project Grand (UK) Plc
 Guarantor (if any)                       Project Grand Bidco (UK) Limited Company, Purmo Group Plc, Purmo Group Finland
                                          Oy Ab, PG Germany GmbH and Purmo Group Poland sp. z o.o. and such other
                                          combination of Restricted Subsidiaries
 Aggregate nominal amount/Offering size:  EUR 380M
 Description:                             9% Sustainability-Linked Senior Secured Notes due 2029
 Stabilisation Manager(s):                RBC Europe Limited

 

Stabilisation

 Stabilisation started:           28/06/2024
 Stabilisation last occurred:     05/07/2024
 Stabilisation trading venue(s):  OTC

 

 Date        Low price  High price
 01/07/2024  101.000    101.125
 02/07/2024  101.050    101.050
 05/07/2024  101.900    101.900

 

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 not an offer of securities for sale into the United
States. The securities referred to above 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 has not been and will not be a public offer of the
securities in the United States.

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