PRS 2.2.2 Guidance

Past version: effective from 01/07/2006 - 10/07/2010
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(1) The Stabilisation Manager may also often be the lead manager in respect of the same offer and therefore can over-allot Shares in the initial allocation and then facilitate the stabilisation by purchasing Shares during the Stabilisation Window. A Stabilisation Manager and his Stabilisation Agents may also sell short on the market to facilitate stabilisation or in order to close out or liquidate positions established by Price Stabilisation.
(2) For the avoidance of doubt, PRS Rule 2.2.2 would include the ability of a Stabilisation Agent to exercise an over-allotment option.

Derived from DFSA RM21/2005 (Made 1st August 2005). [VER1/08-05]