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Home>The Royal Bank of Scotland plc - Stabilisation Notice

The Royal Bank of Scotland plc - Stabilisation Notice

The Royal Bank of Scotland plc - Stabilisation Notice

09/26/2017

The Royal Bank of Scotland plc - Stabilisation Notice

Regulatory News:

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Nederlandse Waterschapsbank

Pre-Stabilisation Notice

The Royal Bank of Scotland plc, (contact: Rom Balax, tel: 020 7085 6268) hereby gives notice that the Stabilising Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Directive (EU/596/2014).

The securities:
Issuer:   Nederlandse Waterschapsbank
Guarantor (if any): n/a
Aggregate nominal amount: USD
Description: Float 03/15/19 Tap
Offer price: tbc
Other offer terms: tbc
Stabilisation:
Stabilising Manager(s): The Royal Bank of Scotland plc (trading as NatWest Markets) (co-ordinating stabilisation manager)

Barclays Bank PLC

Stabilisation venue: Luxembourg
Stabilisation period expected to start on: 26th September 2017
Stabilisation period expected to end no later than: For a maximum of 30 days after the proposed issue date of the securities
Existence, maximum size and conditions of use of over-allotment facility: The Stabilisation Manager(s) may over allot the securities in an amount not exceeding 5% of the aggregate nominal amount stated above.

In connection with the offer of the above securities, the Stabilising Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilising Manager(s) will take any stabilisation action and any stabilisation action, if begun, may cease at any time. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.

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