InPost S.A. - Stabilisation Notice
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Full Exercise of the Over-Allotment Option
FRANKFURT, Germany, Jan. 29, 2021 (GLOBE NEWSWIRE) -- In connection with the Offering of shares in InPost S.A. and further to the Stabilisation Notice dated 27 January 2021, Citigroup Global Markets Europe A.G. hereby announces that it has fully exercised the Over-Allotment option for 26,250,000 shares of the Company out of the up to 26,250,000 Over-Allotment shares granted by InPost S.A.. The purchase price of the option shares is €16.00, equal to the offer price in the Offering, for an aggregate consideration of approximately €420 million.
Further to the Stabilisation Notice dated 27 January 2021, Citigroup Global Markets Europe A.G. hereby gives notice of the end of the stabilisation period and that the Stabilising Manager(s) named below did not undertake stabilisation in accordance with Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014
| The securities: | |
| Issuer: | InPost S.A. ("Issuer") |
| Securities: | Ordinary shares of the Issuer ("Shares") (ISIN: LU2290522684) |
| Offer size: | 175,000,000 Ordinary Shares (excluding the Over-allotment Option) |
| Offer price: | 16.00 EUR per Ordinary Share |
| Stabilisation: | |
| Stabilising Manager(s): | In relation to the Shares listed on Euronext Amsterdam, Citigroup Global Markets Europe A.G |
| Stabilisation period start: | 27 January 2021 |
| Stabilisation period end: | 29 January 2021 |
| Maximum size of over-allotment facility: | 26,250,000 Shares |
| Stabilisation trading venues: | Euronext Amsterdam (No OTC) And other order-book venues (e.g. Turquoise, CBOE DXE) |
| Over-allotment Option (as fully exercised): | |
| Terms: | The Issuer has granted Citigroup Global Markets Europe A.G., in its capacity as stabilisation manager, on behalf of the underwriters, the option to acquire up to an additional 26,250,000 Shares at the Offer price (representing up to 15% of the Offer size). |
| Duration: | This option may be exercised, in whole or in part, for 30 calendar days after 27 January 2021. |
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 is not an offer to sell or a solicitation of any offer to buy any securities issued by the Issuer in any jurisdiction. These written materials are not for distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan and do not constitute or form part of any offer or solicitation to purchase or subscribe for securities in the United States, Canada, Australia or Japan.
In any EEA member state to which to the Regulation (EU 2017/1129) (the "Prospectus Regulation") applies, this announcement is only addressed to and is only directed at "qualified investors" in that member state within the meaning of Article 2(e) of the Prospectus Regulation.
Any 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 absent registration or an exemption from registration 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.
In the United Kingdom, this announcement is only being distributed to, and is only directed at persons who are "qualified investors" (as defined in the Prospectus Regulation (EU 2017/1129) as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "UK Prospectus Regulation")) and who are also (i) persons having professional experience in matters relating to investments who fall within the definition of investment professionals in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with relevant persons. Any person in the United Kingdom who is not a relevant person should not take any action on the basis of this announcement and should not act or rely on it.
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