W 044/08 PRS — Credit Suisse Securities (Europe) Limited
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|To||Credit Suisse Securities (Europe) Limited|
|Address||Credit Suisse, London Branch, One Cabot Square, London, E14 4QJ|
|DFSA Firm Reference No.||F000926|
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.
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.
(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 Damas International Limited 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 have been admitted to trading
(a) the 30th calendar day after the Shares or Debenture 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.
This notice comes into effect on the date on which the Shares to be issued by Damas International 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.
The provisions in this notice are to be construed in accordance with 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 :||Jane Coakley|
|Position :||Acting Chief Executive|
|DATE OF ISSUE:||2nd July 2008|