Business
Stabilisation Notice
Stabilisation Notice.
About this update from Dunelm Group Plc
[{"type":"text","content":"\n Dunelm Group plc\n26 October 2006\n\n\nThis announcement is not for distribution (directly or indirectly) in or into\nthe United States, Canada, Australia or Japan. It is not an offer of securities\nfor sale in or into the United States, Canada, Australia or Japan.\n\n\n26 October 2006\n\n\n Announcement regarding Over-allotment Arrangements and Stabilisation: \n Dunelm Group plc\n \n \nIn connection with the offer of the following ordinary shares (the \"Offer\"):\n\n\nDunelm Group plc Ordinary Shares of nominal value 1 pence each (the \"Ordinary\nShares\")\n\nISIN Code: GB00B1CKQ739\n\n\nDunelm Group plc (\"Dunelm\") announces that, in connection with the Offer of\n60,300,000 Ordinary Shares by Dunelm, UBS Limited, as stabilising manager, has\ntoday given notice to exercise the Over-allotment Arrangements in respect of\n6,030,000 Ordinary Shares of Dunelm. None of the £10.3m gross proceeds arising\nfrom this sale will be received by Dunelm.\n\n\nAs a result of the Over-allotment Arrangements, the total size of the Offer is\n66,330,000 Ordinary Shares and Jean Adderley will own 8,970,000 Dunelm Ordinary\nShares.\n\n\nThe Offer Price of Dunelm Ordinary Shares was set at 170 pence per Ordinary\nShare on 19 October 2006.\n\n\nUBS Limited, as stabilising manager has also informed Dunelm that the\nstabilisation period which commenced at 8am on 19 October 2006 has now ended and\nthat it made no stabilisation trades.\n\n\nFurther details in respect of the Over-allotment Arrangements are set out in\nDunelm's Prospectus dated 19 October 2006.\n\n\nDefined terms used in this announcement have the same meaning as in the Dunelm's\nProspectus dated 19 October 2006 unless the context requires otherwise.\n\n\nThis announcement is for information purposes only and does not constitute an\ninvitation or offer to underwrite, subscribe for or otherwise acquire or dispose\nof any securities of Dunelm in any jurisdiction.\n\n\nIn addition, if and to the extent that this announcement is communicated in, or\nthe offer of the securities to which it relates is made in, any EEA Member State\nthat has implemented Directive 2003/71/EC (together with any applicable\nimplementing measures in any Member State, the \"Prospectus Directive\") before\nthe publication of a prospectus in relation to the securities which has been\napproved by the competent author...