J.P. Morgan SE Issues Stabilisation Notice for Springer Nature Shares

J.P. Morgan SE has announced a pre-stabilisation period for the offering of ordinary bearer shares of Springer Nature AG & Co. KGaA. The company will act as the Stabilisation Manager for this offering, in accordance with the EU regulations on market abuse. The offer involves 23,174,605 shares, with an over-allotment option of up to 3,476,190 additional shares.

The stabilisation period is set to begin on October 4, 2024, potentially lasting up to 30 calendar days. Trading will take place on various European exchanges including the Frankfurt Stock Exchange and others defined by the document. The objective is to support the market price of the shares during this period.

Investors should note that any stabilisation actions will be subject to applicable laws. This announcement is not to be construed as an offer in jurisdictions where it is unlawful, including the United States. The shares are tailored for investors who can evaluate the investment risks and sustain potential losses.