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  • PRS 2.2.4

    For the purposes of PRS Rule 2.2.2, an 'over-allotment option' means an option granted by the IssuerG in favour of the Stabilisation ManagerG and/or his Stabilisation AgentsG involved in the OfferG for the purpose of covering over-allotments, under the terms of which such Stabilisation ManagerG or his Stabilisation AgentsG may purchase up to a certain amount of Eligible SecuritiesG at the Offer PriceG during the Stabilisation WindowG .


    [Added] DFSA RM70/2010 (Made 11th July 2010). [VER3/07-10]

    • PRS 2.2.4 Guidance

      The Stabilisation ManagerG may also often be the lead manager in respect of the same offer and therefore can over-allot Eligible SecuritiesG in the initial allocation and then facilitate the stabilisation by purchasing Eligible SecuritiesG during the Stabilisation WindowG . A Stabilisation ManagerG and his Stabilisation AgentsG may also sell short on the market to facilitate stabilisation or in order to close out or liquidate positions established by Price StabilisationG .

      [Amended] DFSA RM70/2010 (Made 11th July 2010). [VER3/07-10]