Carnegie Investment Bank AB (publ) (”Carnegie”) notifies that stabilization measures have been undertaken in NCAB Group AB’s (publ) (“NCAB” or the “Company”) shares traded on Nasdaq Stockholm
As announced in connection with the offering to acquire shares in the Company and the listing of the Company’s shares on Nasdaq Stockholm (the ”Offering”), Carnegie may, acting as Manager, carry out transactions aimed at supporting the market price of the shares at levels above those which might otherwise prevail in the market.
Stabilization transactions may be undertaken on Nasdaq Stockholm, in the over-the-counter market or otherwise, at any time during the period starting on the first day of trading in the shares on Nasdaq Stockholm and ending no later than 30 calendar days thereafter. The Manager is, however, not required to undertake any stabilization and there is no assurance that stabilization will be undertaken. Stabilization, if undertaken, may be discontinued at any time without prior notice. In no event will transactions be effected at levels above the price in the Offering.
The Principal Owners[1] of the Company have granted the Manager an over-allotment option, which may be utilized in whole or in part for 30 days from the first date of trading in the Company’s shares on Nasdaq Stockholm, to acquire up to 1,337,402 additional shares, corresponding to up to 15 percent of the total number of shares encompassed by the Offering, at a price corresponding to the price in the Offering, i.e. SEK 75, to cover any over-allotment in connection with the Offering.
Carnegie has, in its capacity as stabilization manager, notified that stabilization measures has been undertaken, in accordance with article 5(4) in the Market Abuse Regulation 596/2014, on Nasdaq Stockholm as specified below. The contact person at Carnegie is Johan Flintull (tel: +46 8 676 88 42).
| Stabilization information: | |
| Issuer: | NCAB Group AB (publ) |
| Securities: | Shares (SE0011167956) |
| Offering size: | 8,916,016 |
| Offer price: | SEK 75 |
| Ticker: | NCAB |
| Stabilization manager: | Carnegie Investment Bank AB (publ) |
| Stabilization transactions: | ||||||
| Date | Quantity | Price (highest) | Price (lowest) | Price (volume weighted average) | Currency | Trading venue |
| 5/6/2018 | 135,603 | 75.00 | 75.00 | 75.00 | SEK | Nasdaq Stockholm |
| 7/62018 | 90,326 | 75.00 | 75.00 | 75.00 | SEK | Nasdaq Stockholm |
| 8/6/2018 | 16,999 | 75.00 | 75.00 | 75.00 | SEK | Nasdaq Stockholm |
[1] ”Principal owners” refers to R12 Kapital AB, Gogoy AB and Hans Ståhl.
For further information, please contact:
Gunilla Öhman, IR Manager
Telephone: +46 707 63 81 25
E-mail: gunilla.ohman@ncabgroup.com
www.ncabgroup.com
This announcement contain inside information pursuant to Article 7 of the EU Market Abuse Regulation relating to NCAB Group AB (publ). The information was submitted for publication, through the agency of the contact person, as set out above, at 17:31 CEST on 15 June 2018.