Share Issue/Capital Change • Dec 3, 2015
Share Issue/Capital Change
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Kid ASA - End of stabilisation period
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Kid ASA - End of stabilisation period
Oslo, 3 December 2015: Reference is made to the announcement
issued by Kid ASA ("Kid" or the "Company") and ABG Sundal
Collier ASA (the "Stabilisation Manager") on 30 October 2015
regarding potential stabilisation activities in respect of
the shares in Kid in the period from 2 November 2015 to and
including 2 December 2015 (the "Stabilisation Period") in
connection with Kid's initial public offering (the
"Offering").
ABG Sundal Collier ASA hereby gives notice that
stabilisation was undertaken in relation to the shares in
Kid and that a total of 2,934,147 shares were purchased for
a total purchase price of NOK 89,705,378 during the
Stabilisation Period.
First day of purchase was 2 November 2015 and last day of
purchase was 2 December 2015. The highest price paid per
share in stabilisation transactions during the Stabilisation
Period was NOK 31.00, the lowest price paid was NOK 29.50
and the average price paid was NOK 30.573.
For each of the dates on which stabilisation transactions
were carried out, the price range for the stabilisation
transactions was as follows:
Date Minimum price (NOK)Maximum price (NOK)
02-Nov 29.50 31.00
04-Nov 30.00 30.00
05-Nov 30.00 30.20
06-Nov 30.20 30.50
09-Nov 30.00 30.20
10-Nov 29.80 30.20
11-Nov 29.70 30.00
12-Nov 29.80 30.00
13-Nov 29.70 29.70
16-Nov 29.70 29.70
17-Nov 29.70 29.70
18-Nov 29.70 29.70
19-Nov 29.70 29.70
20-Nov 29.90 30.00
23-Nov 30.10 30.30
25-Nov 30.00 30.20
26-Nov 30.00 30.00
27-Nov 29.80 30.00
30-Nov 29.80 30.20
01-Dec 30.20 30.20
02-Dec 29.70 30.20
ABG Sundal Collier ASA has redelivered the shares purchased
through stabilisation transactions to Gjelsten Holding AS in
accordance with the terms in the share lending agreement
between the parties, and has exercised the option to
purchase from Gjelsten Holding AS a total number of 120,691
shares in Kid which was borrowed and over-allotted in the
Offering and for which the redelivery obligation under the
share lending agreement has not been satisfied by delivery
of the 2,934,147 shares purchased during the Stabilisation
Period.
For further queries, please contact
ABG Sundal Collier ASA
+47 22 01 60 97
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