W 029/08 PRS — Morgan Stanley & Co International Plc
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MODIFICATION NOTICE
| To | Morgan Stanley & Co International Plc |
| Address | 25 Cabot Square Canary Wharf London E14 4QA United Kingdom |
| DFSA Firm Reference No. | F000168 |
| Notice No. | W029/2008 |
THE DFSA HEREBY GIVES NOTICE THAT:
The Rules specified in the left hand column of the table herein do not apply to the above mentioned Person in the form appearing in the Rulebook but instead apply as modified in the right hand column of the table.
RULES MODIFIED
The Rules specified in the left hand column are modified to the extent shown in the right hand column of the table below. In this table, underlining indicates new text and striking through indicates deleted text, otherwise the Rule remains unaltered. Where a significant number of the paragraphs of the Rule remain un-altered the entire Rule may not be reproduced in the table. In such circumstances the un-altered parts of the Rule will be referred to by the relevant identifying paragraph number or letter, as the case may be
| Rule | Modified Text |
| PRS Rule 1.4.1 |
(1) For an activity to constitute Price Stabilisation it
must be an activity of a type described in chapter 2
conducted within the period covered by the
Stabilisation Window by a Person specified in (4) in
accordance with PRS, which might reasonably
have, or is intended to have, the effect of stabilising
the price of the Shares or Debentures referred to in
(2).
(2) The Shares and Debentures referred to in (1) are
Shares or Debentures:
(a) which are publicly Offered
(b) in respect of which the total cost of the
Shares or Debentures subject to the Offer at
the Offer Price is at least $10,000,000; and
(c) which have been admitted to trading (3) The period covered by the Stabilisation Window is
the period beginning on the date on which the
Shares or Debentures have been admitted to
trading
(a) the 30th calendar day after the Shares or
Debentures have been admitted to trading
(b) the 60th calendar day after the date of
allotment on which amounts of the Share are
allotted to subscribers, including the date of
initial allotments. (4) The Person conducting the activities mentioned in
(1) must be the Stabilisation Manager or any of his
Stabilisation Agents.
|
| PRS 6.1.1 |
(1) This chapter applies to a Person who, during the
period covered by the Stabilisation Window,
engages in any activity, in relation to a dual-listed
Share or Debenture, which has been admitted to
trading
(2) The Shares and Debentures referred to in (1) are
Shares or Debentures:
(a) which are publicly Offered
(b) in respect of which the total cost of the
Shares or Debentures subject to the Offer at
the Offer Price is at least $10,000,000.
(3) For the purposes of (1), a “dual listed Share or
Debenture” includes a Share,
|
CONDITIONS
None.
EFFECTIVE PERIOD
This notice comes into effect on the date on which the Shares to be issued by Depa Limited (“Shares”) are admitted to the Official List of the Dubai International Financial Exchange Limited (“DIFX”) and expires on the date on which the stabilisation programme in respect of the Shares the DIFX ends.
INTERPRETATION
The provisions in this notice are to be construed in accordance with section GEN section 6.2 as if these provisions are provisions of the Rulebook.
Defined terms are identified in this notice by the capitalisation of the initial letter of a word or of each word in a phrase and are defined in the Glossary (GLO). Unless the context otherwise requires, where capitalisation of the initial letter is not used, an expression has its natural meaning.
THIS NOTICE IS ISSUED UNDER ARTICLE 25 OF THE REGULATORY LAW 2004 BY:
| Name : | David Knott |
| Position : | Chief Executive |
| DATE OF ISSUE: | 23 April 2008 |