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  • PRS 2.2.1

    (1) A Stabilisation ManagerG and, if applicable, his Stabilisation AgentsG may in respect of Eligible SecuritiesG :
    (a) purchase, or agree to purchase, such Eligible SecuritiesG ; or
    (b) offer or attempt to do anything in (a) with a view to stabilising the Market PriceG of such Eligible SecuritiesG .
    (2) A Stabilisation ManagerG and, if applicable, his Stabilisation AgentsG must not, when engaging in an activity described in (1), in respect of SharesG , CertificatesG over SharesG , WarrantsG over SharesG , and UnitsG that are shares representing the rights or interests of UnitholdersG in a FundG , conduct such activity at a price higher than the Offer PriceG .

    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]

    • PRS 2.2.1 Guidance

      Pricing limits do not extend to DebenturesG hence RulesG PRS 2.2.1(2) do not apply with respect to DebenturesG . Pricing for DebenturesG is subject instead to the requirement in PRS 2.2.1(1) that the stablising action is taken to support the Market PriceG .


      Derived from DFSA RM21/2005 (Made 1st August 2005). [VER1/08-05]
      [Amended] DFSA RM70/2010 (Made 11th July 2010). [VER3/07-10]