Business
Stabilisation Notice
Stabilisation Notice.
About this update from Plaza Centers N.v.
[{"type":"text","content":"\n Plaza Centers N.V.\n27 October 2006\n\n27 October 2006\n\n\nStabilisation Notice: Plaza Centers N.V. (the 'Company')\n\n\nIn connection with the offer of the following ordinary shares (the 'Offer'):\n\nPlaza Centers N.V. ordinary shares of nominal value €0.01 each (the 'Ordinary\nShares')\n\nISIN Code: NL 0000686772\n\n\nUBS Limited ('UBS') as stabilisation manager, or any other person acting for it,\nmay conduct stabilising activities with a view to supporting the market price of\nthe Ordinary Shares at a level higher than that which might otherwise prevail\nfrom 8:00a.m. on 27 October 2006 to 24 November 2006. However, there may be no\nobligation on UBS, or any agent of UBS, to do this. Such stabilisation\ntransactions may be effected on the London Stock Exchange and any other\nsecurities market, over the counter market, stock exchange or otherwise. Such\nstabilisation transactions, if commenced, may be discontinued at any time and\nmust be brought to an end no later than 24 November 2006. There are no\nassociated instruments that are subject to stabilisation.\n\nIn connection with its stabilising activities the Company has granted UBS, on\nbehalf of the underwriters, an over-allotment option (the 'Over-allotment \nOption'), exercisable on or before 24 November 2006 which, if exercised will\nrequire the Company to issue to UBS up to 10 per cent. of the aggregate number\nof Ordinary Shares available in the Offer (before any exercise of the Over-\nallotment Option) at the offer price of 180 pence to such over-allotments (if\nany) and/or cover short positions arising from sales of Ordinary Shares effected\nby it during the stabilising period.\n\nUBS has agreed with the Company that any over-allotment of Ordinary Shares by it\nor any of its agents will be up to a maximum of 10 per cent. of the total number\nof Ordinary Shares comprised in the Offer (before any exercise of the\nOver-allotment Option).\n\n\nNumber of Ordinary Shares in the Offer: 85,714,286\n\nNumber of Ordinary Shares subject to the Over-allotment Option: 8,571,428\n\n\nThe Offer Price of Plaza Centers N.V. Ordinary Shares of nominal value €0.01\neach was set at 180 pence on 26 October 2006.\n\n\nUBS contacts:\n\nTrevor Franz +44 207 568 8379\n\n\nThis announcement may not be distributed, directly or indirectly, in or into the\nUnited States of America, Cana...