Home   Browse contents   View updates   Search  
     Quick search
Go
   

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Archive
Rulebook Modules
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices

Rich text Print
  • PRS 2.2.1

    (1) A Stabilisation Manager and, if applicable, his Stabilisation Agents may in respect of Eligible Securities:
    (a) purchase, or agree to purchase, such Eligible Securities; or
    (b) offer or attempt to do anything in (a) with a view to stabilising the Market Price of such Eligible Securities.
    (2) A Stabilisation Manager and, if applicable, his Stabilisation Agents must not, when engaging in an activity described in (1), in respect of Shares, Certificates over Shares, Warrants over Shares, and Units that are shares representing the rights or interests of Unitholders in a Fund, conduct such activity at a price higher than the Offer Price.

    Derived from DFSA RM21/2005 (Made 1st August 2005). [VER1/08-05]
    [Amended] DFSA RM70/2010 (Made 11th July 2010). [VER3/07-10]
    [Amended] DFSA RM213/2018 (Made 22nd February 2018). [VER7/04-18]