Stabilisation. In connection with the issue of any Tranche of Notes under the Programme, the Stabilising Manager or any person acting for such Stabilising Manager may over-allot Notes or effect transactions with a view to supporting the price of the Notes at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur. Such stabilising, if commenced, may be discontinued at any time, and must be brought to an end after a limited period. Such stabilising shall be in compliance with all applicable laws, regulations and rules. Any stabilisation action may begin at any time after the adequate public disclosure of the terms of the offer of the relevant Tranche of the Notes and, if begun, may cease at any time, but it must end no later than the earlier of 30 days after the Issue Date and 60 days after the date of the allotment of the relevant Tranche of Notes. Any stabilisation action or over-allotment must be conducted by the relevant Stabilising Manager(s) (or person(s) acting on behalf of any Stabilising Manager(s)) in accordance with all applicable laws and rules. Any loss or profit sustained as a consequence of any such over-allotment or stabilising shall, as against the Issuer and the Guarantor, be for the account of the Stabilising Manager. Linde plc and Linde Finance authorise the Stabilising Manager (or person(s) acting on its behalf) to make adequate public disclosure of the information required in relation to such stabilisation by Regulation (EU) No. 596/2014 after consultation with the relevant Issuer. The relevant Stabilising Manager shall also act as central point responsible pursuant to Article 6(5) Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing the Market Abuse Regulation.
Appears in 2 contracts
Samples: Dealer Agreement (Linde PLC), Dealer Agreement (Linde PLC)
Stabilisation. In connection with the issue of any Tranche of Notes under the Programme, the Stabilising Stabilisation Manager or any person acting for such Stabilising Stabilisation Manager may over-allot Notes or effect transactions with a view to supporting the price of the Notes at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur. Such stabilisingstabilisation, if commenced, may be discontinued at any time, and must be brought to an end after a limited period. Such stabilising stabilisation shall be in compliance with all applicable laws, regulations and rules. Any stabilisation action may begin at any time after the adequate public disclosure of the terms of the offer of the relevant Tranche of the Notes and, if begun, may cease at any time, but it must end no later than the earlier of 30 days after the Issue Date and 60 days after the date of the allotment of the relevant Tranche of Notes. Any stabilisation action or over-allotment must be conducted by the relevant Stabilising Stabilisation Manager(s) (or person(s) acting on behalf of any Stabilising Stabilisation Manager(s)) in accordance with all applicable laws and rules. Any loss or profit sustained as a consequence of any such over-allotment or stabilising stabilisation shall, as against the Issuer and the GuarantorIssuer, be for the account of the Stabilising Stabilisation Manager. Linde plc and Linde Finance The Issuer shall authorise the Stabilising Stabilisation Manager (or person(s) acting on its behalf) to make adequate public disclosure of the information required in relation to such stabilisation by Regulation (EU) No. 596/2014 after consultation with the relevant Issuer. The relevant Stabilising Stabilisation Manager shall also act as central point responsible pursuant to Article 6(5) Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing the Market Abuse Regulation.MAR. 18 Notices and Communications
Appears in 2 contracts
Samples: Dealer Agreement (Linde PLC), Dealer Agreement (Linde PLC)