08/07/2024
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Project Grand (UK) Plc
Post-Stabilisation Period Announcement
Further to the pre-stabilisation period announcement dated 28/06/2024 and to the mid-stabilisation period announcements dated 08/07/2024, RBC Europe Limited, (Syndicate telephone: Alan Someck: 020 7029 7529) that the Stabilisation Manager(s) named below undertook stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU /596/2014) and also as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018]2) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.
| The securities: | |
| Issuer: | Project Grand (UK) Plc |
| Guarantor (if any) | Project Grand Bidco (UK) Limited Company, Purmo Group Plc, Purmo Group Finland Oy Ab, PG Germany GmbH and Purmo Group Poland sp. z o.o. and such other combination of Restricted Subsidiaries |
| Aggregate nominal amount/Offering size: | EUR 380M |
| Description: | 9% Sustainability-Linked Senior Secured Notes due 2029 |
| Stabilisation Manager(s): | RBC Europe Limited |
Stabilisation
| Stabilisation started: | 28/06/2024 |
| Stabilisation last occurred: | 05/07/2024 |
| Stabilisation trading venue(s): | OTC |
| Date | Low price | High price |
| 01/07/2024 | 101.000 | 101.125 |
| 02/07/2024 | 101.050 | 101.050 |
| 05/07/2024 | 101.900 | 101.900 |
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.
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