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17/2017 Stabilisation transactions performed between 11 August and 17 August 2017

18 August 2017

Current Report No. 17/2017

 

Stabilisation transactions performed between 11 August and 17 August 2017

The Board of Play Communications S.A. (the “Company”) hereby informs that on 17 August 2017 it has received from J.P. Morgan Securities plc acting as the stabilising manager (the “Stabilising Manager”), pursuant to the prospectus approved on 30 June 2017 by the Luxembourg Financial Supervision Authority (Commission de Surveillance du Secteur Financier) (the “CSSF”) (the “Prospectus”) prepared in connection with (i) an initial public offering of up to 121,572,621 existing ordinary bearer shares with a nominal value of EUR 0.00012 per share (“Offered Shares”) of the Company (the “Offering”) by Play Holdings 1 S.à r.l. (the “Selling Shareholder”) and (ii) the seeking of the admission and introduction of 250,000,000 ordinary bearer shares in the Company with a nominal value of EUR 0.00012 per share (including the Offered Shares (the “Shares”) to trading on the regulated (main) market of the Warsaw Stock Exchange (the “WSE”) (the “Admission”), the following information about the stabilisation transactions performed between 11 August and 17 August 2017 by the Stabilising Manager on the WSE:

Date

Quantity of Shares

Price range (PLN)

Trading venue in which the stabilisation transactions were carried out

11/08/2017

225,132

35.87 – 35.98

WSE

14/08/2017

190,862

35.90 – 35.99

WSE

15/08/2017

Market Closed

N/A

WSE

16/08/2017

242,475

35.77 – 35.95

WSE

17/08/2017

550,000

34.02 – 35.84

WSE

Total from 11/08/2017 –  17/08/2017

1,208,469

   
Total from 27/07/2017 –  17/08/2017

9,802,056

   

In connection with the Offering, the Stabilising Manager or its affiliates or agents may engage in transactions on the WSE with the aim of supporting the market price of the Shares at a level higher than that which might otherwise prevail for a period of 30 calendar days following the Listing Date (as defined in the Prospectus). Such stabilisation, if commenced, shall be conducted in accordance with the rules set out in Regulation 596/2014 of the European Parliament and of the Council of April 16, 2014, on market abuse and repealing Directive 2003/6/EC (“MAR”) and the Commission Delegated Regulation (EU) 2016/1052 of March 8, 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programs and stabilisation of financial instruments (the “Stabilising Regulation”).

The stabilisation transactions will be reported to the public in accordance with MAR and the Stabilising Regulation. In particular, details of any stabilisation transactions effected by the Stabilising Manager will be disclosed to the public by the Company no later than the end of the seventh daily market session following the date of execution of such transactions.

Legal basis: Article 6 (2) of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures.