Picture of Whitbread logo

WTB Whitbread News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapNeutral

REG-The Royal Bank of Scotland plc The Royal Bank of Scotland plc - Stabilisation Notice <Origin Href="QuoteRef">WTB.L</Origin>

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20150520:nBw205515a 
 
http://www.businesswire.com/news/home/20150520005515/en 
 
LONDON--(Business Wire)--


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

Whitbread Group PLC

Stabilisation Notice

The Royal Bank of Scotland plc, (contact: Philippe Bradshaw +44 20 7085 5213)
hereby gives notice that the Stabilising Manager(s) named below may stabilise
the offer of the following securities in accordance with Commission Regulation
(EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC). 
 
 The securities:                                                                                                                                         
 Issuer:                                                      Whitbread Group plc                                                                        
 Guarantor (if any):                                          Whitbread PLC, Premier Inn Hotels Limited and Costa Limited                                
 Aggregate nominal amount:                                    GBP                                                                                        
 Description:                                                 GBP Senior Unsecured                                                                       
 Offer price:                                                 tbc                                                                                        
 Other offer terms:                                           tbc                                                                                        
 Stabilisation:                                                                                                                                          
 Stabilising Manager(s):                                      The Royal Bank of Scotland plc (Co-ordinating Stab Manager)                                
                                                              
Barclays Bank PLC                                                                         
                                                              
LLOYDS BANK PLC                                                                           
                                                              
Mitsubishi UFJ Securities International plc                                               
 Stabilisation period expected to start on:                   20th May 2015                                                                              
 Stabilisation period expected to end no later than:          For a maximum of 30 calendar days after the proposed settlement date of the securities.    
 Maximum size of over-allotment facility:                     15% of the aggregate nominal amount.                                                       
 
 
In connection with the offer of the above securities, the Stabilising Manager(s)
may over-allot the securities or effect transactions with a view to supporting
the market price of the securities at a level higher than that which might
otherwise prevail. However, there is no assurance that the Stabilising
Manager(s) will take any stabilisation action and any stabilisation action, if
begun, may be ended at any time. 

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 only directed at, and the securities are only available to,
persons having professional experience in matters related to investments or who
are high net worth persons within article 12(5) or Investment Professionals
within article 19(5) or High Net worth companies, within article 49(2) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
should not be acted on by others. 

To the extent that the offer of the securities is made in any EEA Member State
that has implemented Directive 2003/71/EC (together with any applicable
implementing measures in any Member State, the "Prospectus Directive") before
the date of publication of a prospectus in relation to the securities which has
been approved by the competent authority in that Member State in accordance with
the Prospectus Directive (or, where appropriate, published in another Member
State and notified to the competent authority in that Member State in accordance
with the Prospectus Directive), the offer is only addressed to qualified
investors in that Member State within the meaning of the Prospectus Directive or
has been or will be made otherwise in circumstances that do not require the
Issuer to publish a prospectus pursuant to the Prospectus Directive. 

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. 
 
View source version on businesswire.com:
http://www.businesswire.com/news/home/20150520005515/en/

The Royal Bank of Scotland plc 

Copyright Business Wire 2015

Recent news on Whitbread

See all news