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REG - SMBC Nikko Cap Mkts Telenor ASA - Post Stabilisation Notice - Telenor

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RNS Number : 6419P  SMBC Nikko Capital Markets Limited  10 October 2023

POST-STABILISATION ANNOUNCEMENT

Date: 10 October 2023

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

Telenor ASA

 

Post - Stabilisation Notice

Further to the pre-stabilisation period announcement dated 26 September 2023,
SMBC Bank EU AG (contact: Anthony Saputo, +49 (0)69 22229-8441) hereby gives
notice, as Stabilisation Coordinator, that no stabilisation was undertaken by
the Stabilising Managers named below in relation to the offer of the following
securities in accordance with Commission Delegated Regulation (EU) 2016/1052
under the Market Abuse Regulation (EU/596/2014).

 The Securities:
 Issuer:                       Telenor ASA
 Guarantor (if any):           N/A
 Aggregate Nominal Amount:     EUR 500,000,000 4.000 per cent Notes due 3 October 2030 ("2030 Notes"); and

                               EUR 500,000,000 4.250 per cent Notes due 3 October 2035 ("2035 Notes")
 Description:                  EUR Fixed Rate notes

                               Unsecured, Reg S

                               English law

                               Listing: Luxembourg Stock Exchange, Official List
 Offer price:                  99.880 per cent. (2030 Notes) and 99.035 per cent. (2035 Notes)
 Stabilisation:
 Stabilising managers:         SMBC Bank EU AG

                               Neue Mainzer Straße 52-58,

                               60311 Frankfurt, Germany

                               (Stabilisation Coordinator)

                               Barclays Bank Ireland PLC

                               HSBC Bank plc

                               ING Bank N.V.
 Stabilisation started on:     N/A (no stabilisation occurred)
 Stabilisation last occurred:  N/A (no stabilisation occurred)

 

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 for distribution, directly or indirectly, in or into
the United States or any other jurisdiction in which such distribution would
be unlawful.

This announcement and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom ("UK") and
persons in the UK 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 UK.

In addition, if and to the extent that this announcement is communicated in,
or the offer of the securities to which it relates is made in, any EEA Member
State before the publication of a prospectus in relation to the securities
which has been approved by the competent authority in that Member State in
accordance with Regulation (EU) 2017/1129 (the "Prospectus  Regulation") (or
which has been approved by a competent authority in another Member State and
notified to the competent authority in that Member State in accordance with
the Prospectus Regulation), this announcement and the offer are only addressed
to and directed at persons in that Member State who are qualified investors
within the meaning of the 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 that Member State.

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 the
Prospectus Regulation, 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.

Singapore SFA Product Classification: The Issuer has determined, and hereby
notifies all relevant persons (as defined in Section 309A(1) of the Securities
and Futures Act (Chapter 289 of Singapore) (the "SFA"), that the securities
are 'prescribed capital markets products' (as defined in the Securities and
Futures (Capital Markets Products) Regulations 2018).

This announcement is not an offer of securities for sale into the United
States. The securities 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
will be no public offer of securities in the United States.

Any legends, disclaimers or other notices that may appear below are not
applicable to this communication and should be disregarded. Such legends,
disclaimers or other notices have been automatically generated as a result of
this communication having been sent via Bloomberg or another email system.

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/)
.

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