LONDON - Societe Generale (OTC:SCGLY) SA announced Thursday that it may engage in market stabilization activities for Caja Rural de Navarra securities. As the Stabilisation Coordinator, Societe Generale has notified potential investors that the Stabilisation Manager, SG CIB, may undertake transactions to support the market price of the securities during the stabilization period.
The stabilization period commenced today, January 16, 2025, and is expected to end no later than February 21, 2025. These efforts are aimed at maintaining the securities' market price above levels that might naturally prevail in the market. However, there is no guarantee that stabilization will occur, and if initiated, it can be discontinued at any time.
The announcement clarified that any stabilization actions or over-allotment of securities will be carried out in compliance with all applicable laws and rules. The specific details regarding the aggregate nominal amount, coupon, maturity, and offer price of the securities were not disclosed.
This stabilization notice does not constitute an offer to underwrite, subscribe for, or acquire or dispose of any securities of Caja Rural de Navarra. The information is directed at persons outside the United Kingdom (TADAWUL:4280) and those within it who have professional experience in investment matters or are high net worth individuals, as defined by local regulations.
Furthermore, the securities to which this stabilization notice pertains have not been registered under the United States Securities Act of 1933 and, therefore, may not be offered or sold in the United States absent registration or an exemption from registration. No public offer of these securities will be made in the United States.
The disclosure of this stabilization notice is based on a press release statement and is intended for informational purposes only. It is not an offer of securities for sale in any jurisdiction and should not be relied upon by investors for making investment decisions.
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