Source - RNS
RNS Number : 9387G
Citigroup Global Markets Limited
01 June 2017
 

1 June, 2017

 

 

Not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States of America, Australia, Canada, Japan or South Africa or any jurisdiction in which such distribution would be unlawful.

 






ADES International Holding Ltd (the "Company")









Mid-Stabilisation Period Announcement












Further to the pre-stabilisation period announcement dated 9 May, 2017, Citigroup Global Markets Limited (contact: Suneel Hargunani, telephone: +44 20 7986 8764) hereby gives notice that the Stabilisation Manager named below 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;

 




Issuer:

ADES International Holding Ltd

 

Securities:

Ordinary Shares with a par value of US$1.00 each
(ISIN AEDFXA1EN018)

 

Offering Size:

14,756,258 Ordinary Shares excluding the over-allotment option

 

Offer Price:

US$16.5 per Ordinary Share

 

Market:

London Stock Exchange

 

Ticker:

ADES

 

Stabilisation Manager:

Citigroup Global Markets Limited

 



 

Stabilisation Transactions

Execution Date

London Time

Price

Quantity

Price Currency

Stabilisation Trading Venue

 

26-May-17

08:25:43

15.8

25,000

USD

London Stock Exchange

 

26-May-17

08:26:22

15.8

25,000

USD

London Stock Exchange

 

26-May-17

09:21:48

15.7

38

USD

London Stock Exchange

 

26-May-17

09:41:06

15.7

463

USD

London Stock Exchange

 

26-May-17

09:41:06

15.7

15,000

USD

London Stock Exchange

 

26-May-17

10:17:53

15.7

54

USD

London Stock Exchange

 

26-May-17

12:40:41

15.7

555

USD

London Stock Exchange

 

26-May-17

12:40:41

15.7

9,445

USD

London Stock Exchange

 

26-May-17

12:40:41

15.7

391

USD

London Stock Exchange

 

26-May-17

12:40:47

15.7

2,597

USD

London Stock Exchange

 

26-May-17

12:57:02

15.7

384

USD

London Stock Exchange

 

26-May-17

14:43:34

15.7

372

USD

London Stock Exchange

 

26-May-17

14:43:34

15.7

21,628

USD

London Stock Exchange

 

26-May-17

14:43:47

15.7

5,596

USD

London Stock Exchange

 

26-May-17

14:43:55

15.7

570

USD

London Stock Exchange

 

26-May-17

14:45:59

15.7

2,642

USD

London Stock Exchange

 

26-May-17

14:45:59

15.7

10,000

USD

London Stock Exchange

 

26-May-17

14:54:44

15.7

1,032

USD

London Stock Exchange

 

26-May-17

16:29:55

15.7

41

USD

London Stock Exchange

 

26-May-17

16:29:55

15.7

159

USD

London Stock Exchange

 

26-May-17

16:29:55

15.7

99

USD

London Stock Exchange

 

30-May-17

10:16:27

15.8

10

USD

London Stock Exchange

 

30-May-17

16:01:45

15.8

14,990

USD

London Stock Exchange

 

30-May-17

16:01:45

15.8

10

USD

London Stock Exchange

 

30-May-17

16:11:33

15.8

15,000

USD

London Stock Exchange

 

30-May-17

16:11:34

15.8

809

USD

London Stock Exchange

 

30-May-17

16:11:48

15.8

14,191

USD

London Stock Exchange

 

30-May-17

16:11:48

15.8

809

USD

London Stock Exchange

 

30-May-17

16:11:50

15.8

764

USD

London Stock Exchange

 

30-May-17

16:12:20

15.8

3,417

USD

London Stock Exchange

 

30-May-17

16:14:07

15.7

807

USD

London Stock Exchange

 

30-May-17

16:26:57

15.7

1,395

USD

London Stock Exchange

 

31-May-17

08:06:21

15.8

20,000

USD

London Stock Exchange

 

31-May-17

09:21:55

15.7

22

USD

London Stock Exchange

 

01-Jun-17

08:37:07

15.9

11,250

USD

London Stock Exchange

 

01-Jun-17

08:52:07

15.9

115

USD

London Stock Exchange

 

01-Jun-17

08:52:09

15.9

2,726

USD

London Stock Exchange

 

01-Jun-17

08:59:38

15.9

909

USD

London Stock Exchange

 

01-Jun-17

09:22:04

15.8

21

USD

London Stock Exchange

 

01-Jun-17

09:59:36

15.8

618

USD

London Stock Exchange

 

01-Jun-17

09:59:36

15.8

20,000

USD

London Stock Exchange

 

01-Jun-17

10:01:32

15.8

115

USD

London Stock Exchange

 

01-Jun-17

10:15:30

15.8

37

USD

London Stock Exchange

 

01-Jun-17

16:26:32

15.81

36

USD

London Stock Exchange

 

Disclaimer

 

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 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.


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 that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") 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 the Prospectus Directive (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 Directive), 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 Directive (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.

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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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