LONDON - ING Bank N.V. has announced its role as the Stabilising Manager for DekaBank Deutsche Girozentrale’s new securities, set to potentially engage in market stabilisation activities starting today, June 10, 2025. The stabilisation period is expected to last no more than 30 days from the issue date of the securities.
The securities in question are described as EUR 5Y SNP, although the aggregate nominal amount has not been disclosed. ING Groep (AS:INGA), acting as the Stabilising Manager, may over-allot the securities or conduct transactions to support their market price above levels that might otherwise prevail in the open market. Such measures are in line with Commission Regulation (EC) No. 2273/2003, which enforces the Market Abuse Directive (2003/6/EC).
However, ING Groep has noted that there is no guarantee that stabilisation activities will be undertaken and that any such actions, if initiated, can be discontinued at any time. The transactions will adhere strictly to all applicable laws and rules.
This announcement serves as an information notice only and is not an invitation or offer to underwrite, subscribe for, or acquire any securities of DekaBank. The offer and the securities are directed at certain qualified investors outside the United Kingdom or those within the UK who have professional experience in investment matters or are high net worth individuals as defined under the Financial Services and Markets Act 2000.
Moreover, the securities have not been and will not be registered under the United States Securities Act of 1933, hence they may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offering of these securities in the United States.
This information is based on a press release statement and does not constitute an offer of securities for sale into the United States or any other jurisdiction where such an offer would be unlawful.
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