TIDM0A9B

RNS Number : 4465Y

Goldman Sachs Bank Europe SE

12 May 2021

Not for distribution, directly or indirectly, in or into the United States, Australia, Canada or Japan.

Synlab AG

Post-Stabilisation Notice in accordance with Articles 6(3) and 8(f) of Commission Delegated Regulation (EU) 2016/1052 (Exercise of Greenshoe Option and End of Stabilisation Period)

12 May 2021

Goldman Sachs Bank Europe SE (contact: Philipp Suess; telephone: +69 7532 1267), hereby gives notice that the entity undertaking stabilisation (the "Stabilisation Manager" named below and its affiliates) undertook stabilisation of the offer of the following securities in accordance with Article 5(4) and (5) of Regulation (EU) No 596/2014 (Market Abuse Regulation) and Articles 5 through 8 of Commission Delegated Regulation (EU) 2016/1052:

 
 The securities: 
 Issuer:                    Synlab AG 
                           --------------------------------------------------- 
 Securities:                Ordinary bearer shares of the Issuer (ISIN: 
                             DE000A2TSL71) 
                           --------------------------------------------------- 
 Stabilisation: 
 Stabilisation Manager      Goldman Sachs Bank Europe SE, Marienturm, 
  (and central point         Taunusanlage 9-10, D-60329 Frankfurt am 
  within the meaning         Main 
  of Commission Delegated 
  Regulation (EU) 
  2016/1052): 
                           --------------------------------------------------- 
 Stabilisation Period:      30 April 2021 until 30 May 2021 
                           --------------------------------------------------- 
 Trading venues             Such measures may be taken on the Frankfurt 
  where stabilisation        Stock Exchange (Frankfurter Wertpapierbörse) 
  were undertaken:           from the date when trading in the Shares 
                             is commenced on the regulated market segment 
                             (regulierter Markt) of the Frankfurt Stock 
                             Exchange (Frankfurter Wertpapierbörse), 
                             expected for 30 April 2021, and must be 
                             terminated no later than 30 calendar days 
                             after this date (the "Stabilisation Period"). 
                             Stabilisation transactions aim at supporting 
                             the market price of the Shares during the 
                             Stabilisation Period. These measures may 
                             result in the market price of the Shares 
                             being higher than would otherwise have been 
                             the case. Moreover, the market price may 
                             temporarily be at an unsustainable level. 
                           --------------------------------------------------- 
 

For each of the date on which stabilisation transactions were conducted, the price range was as follows:

 
 Execution Date   Price Range in EUR    Trading Venue 
---------------  --------------------  -------------- 
  30-Apr-2021     EUR17.98 - EUR18.00       XETRA 
 
 
 

In addition, on 12 May 2021 , the stabilization manager had partially exercised the greenshoe option granted by the selling shareholders in connection with over-allotments for 4,590,997 ordinary bearer shares with no-par value of Synlab AG at the offer price of EUR 18.00 per share.

Disclaimer and Other Notices

This announcement is for information only and does not constitute an offer or invitation to underwrite, subscribe for or otherwise acquire or dispose of any securities or investment advice in any jurisdiction in which such an offer or solicitation is unlawful, including without limitation, the United States, Australia, Canada, or Japan. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions.

This announcement and the information contained herein is not an offer of securities for sale in, and is not for transmission to or publication, distribution or release, directly or indirectly, in the United States of America (including its territories and possessions, any state of the United States of America and the District of Columbia) (the "United States"). The securities being offered have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), or under any applicable securities laws of any state or other jurisdiction of the United States and may not be offered, sold, resold, transferred or delivered, directly or indirectly, in the United States unless registered under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, such registration requirements and in accordance with any applicable securities laws of any state or other jurisdiction of the United States. No public offering of the securities discussed herein is being made in the United States.

Solely for the purpose of the product governance requirements contained within (a) EU Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments, as amended ("MiFID II"); (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures (together, the "MiFID II Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the shares have been subject to a product approval process, which has determined that the shares are; (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, the price of the shares may decline and investors could lose all or part of their investment; the shares offer no guaranteed income and no capital protection; and an investment in the shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to the requirements of any contractual, legal or regulatory selling restrictions in relation to the offering.

For the avoidance of doubt, the Target Market Assessment does not constitute (a) an assessment of suitability or appropriateness for the purposes of MiFID II or (b) a recommendation to any investor or group of investors to invest in, or purchase, or take any other action whatsoever with respect to the shares. Each distributor is responsible for undertaking its own target market assessment in respect of the shares and determining appropriate distribution channels.

END

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STAFZGMKVZNGMZM

(END) Dow Jones Newswires

May 12, 2021 12:39 ET (16:39 GMT)

Synlab (LSE:0A9B)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Synlab.
Synlab (LSE:0A9B)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Synlab.