Source - LSE Regulatory
RNS Number : 4272I
Barclays Capital Securities Limited
07 August 2023
 

POST-STABILISATION NOTICE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR ANY JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL.

 

7 August 2023

CAB Payments Holdings Plc
Post-Stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 6 July 2023, Barclays Capital Securities Limited (Contact: Ben Newmark; Telephone: +44 20 3134 8574) hereby gives notice that the Stabilising Manager named below and its affiliates undertook stabilisation in accordance with the relevant provisions of the Market Abuse Regulation (EU) No 596/2014 of the European Parliament and of the Council (as it forms part of retained EU law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018) and Commission Delegated Regulation (EU) 2016/1052 (as it forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018).

 The securities

Issuer

CAB Payments Holdings Plc

Securities

Ordinary Shares of 0.033⅓ pence each

ISIN

GB00BMCYKB41

Offering Size

87,000,000 Ordinary Shares (excluding the over-allotment option)

Description

Initial Public Offering of Ordinary Shares

Offer Price

335 pence per Ordinary Share

Stabilising Manager

Barclays Capital Securities Limited, 1 Churchill Place, London, E14 5HP, United Kingdom

Stabilisation started on:

6 July 2023

Stablisation last occurred on:

4 August 2023

Stabilisation Trading Venue(s):

London Stock Exchange and other trading venues

 

Stabilisation transactions:

For each of the dates during which stabilisation transactions were carried out, the price range was as follows:

Execution Date

Aggregate Quantity of Shares

Buy / Sell

Lowest Price

Highest Price

Currency

Trading Venue

6 July 2023

6,963,650

Buy

299

335

GBP

London Stock Exchange

7 July 2023

185,561

Buy

303

315

GBP

London Stock Exchange

10 July 2023

172,172

Buy

310

311

GBP

London Stock Exchange

11 July 2023

108,396

Buy

310

310

GBP

London Stock Exchange

12 July 2023

837,396

Buy

308

310

GBP

London Stock Exchange

13 July 2023

264,375

Buy

300

308

GBp

London Stock Exchange

14 July 2023

325,000

Buy

295

300

GBp

London Stock Exchange

17 July 2023

1,450,000

Buy

274

290

GBp

London Stock Exchange

18 July 2023

33,209

Buy

275

275

GBp

London Stock Exchange

19 July 2023

91,301

Buy

275

277

GBp

London Stock Exchange

24 July 2023

182,688

Buy

283

283

GBp

London Stock Exchange

25 July 2023

46,616

Buy

285

285

GBp

London Stock Exchange

26 July 2023

178,362

Buy

287

293

GBp

London Stock Exchange

27 July 2023

275,000

Buy

287

292

GBp

London Stock Exchange

28 July 2023

701,404

Buy

285

288

GBp

London Stock Exchange

31 July 2023

240,237

Buy

280

290

GBp

London Stock Exchange

1 August 2023

236,000

Buy

281

291

GBp

London Stock Exchange

2 August 2023

236,430

Buy

286

300

GBp

London Stock Exchange

3 August 2023

250,000

Buy

289

308

GBp

London Stock Exchange

4 August 2023

222,203

Buy

268

295

GBp

London Stock Exchange

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.

In the United Kingdom, this announcement is being distributed only to, and is directed only at, persons who: (A) (i) are "investment professionals" specified in Article 19(5) of the Financial Services and Markets Act (Financial Promotion) Order 2005,as amended (the "Order") and/or (ii) fall within Article 49(2)(a) to (d) of the Order (and only where the conditions contained in those Articles have been, or will at the relevant time be, satisfied); and (B) are "qualified investors" within the meaning of Article 2 of the Prospectus Regulation (Regulation (EU) 2017/1129) as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018; or (C) are other persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as "Relevant Persons").

In any member state of the European Economic Area ("EEA") (each, a "Relevant Member State"), this announcement and any offer if made subsequently is, and will be, directed only at persons who are "qualified investors" ("Qualified Investors") within the meaning of the Prospectus Regulation (Regulation (EU) 2017/1129) (as amended).

This announcement must not be acted on 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 or investment activity to which this announcement relates is available only to: (i) in the United Kingdom, Relevant Persons; and (ii) in any member state of the EEA, Qualified Investors, and will be engaged in only with such persons.

This announcement and the information contained herein does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase any securities in the United States or any other jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 as amended (the "Securities Act") and may not be offered or sold in the United States except to "qualified institutional buyers" as defined in, and in reliance on, Rule 144A under the Securities Act or another exemption from, or transaction not subject to, the registration requirements of the Securities Act. All offers and sales of securities outside of the United States will be made in reliance on, and in compliance with, Regulation S under the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.

 

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END
 
 
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