31.08.2015 18:00:00
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Combination of Stallergenes and Greer Laboratories: End of the Liquidity Contract for Stallergenes Shares
Regulatory News:
STALLERGENES (Paris:GENP) announces that the liquidity contract it has in place with Oddo Corporate Finance relating to STALLERGENES shares will terminate August 31, 2015.
Ares Allergy Holdings PLC ("Ares Allergy”) will enter into a liquidity contract to take effect upon admission to trading of the Ares Allergy shares on the Euronext Paris regulated market, i.e., based on the indicative timetable, on 8 September 2015.
Ares Allergy will entrust Oddo Corporate Finance with the implementation of the liquidity contract for the Ares Allergy shares in compliance with the AMAFI's Ethics Charter approved by the Autorité des Marchés Financiers on 21 March 2011. It is anticipated that a sum of €2 million will be allocated to the liquidity account for implementation of this contract.
ABOUT ARES ALLERGY HOLDINGS PLC
Headquartered in London (UK), Ares Allergy is a global healthcare company specialising in the diagnosis and treatment of allergies through the development and provision of allergy immunotherapy products and services. Ares Allergy is the parent company of Greer Laboratories, Inc. (whose registered office is in the U.S.) and will become the parent company of Stallergenes SA (whose registered office is in France and which is listed on Euronext Paris) upon completion of the merger of Stallergenes SA with and into Ares Allergy.
Forward-looking statements related to Ares Allergy Holdings Plc
This
press release may contain forward-looking statements concerning the
proposed combination and the benefits expected. Such statements are
based upon the current beliefs and expectations of Ares Allergy Holdings
Plc’s management and are subject to risks and uncertainties. Actual
results may differ from those set forth in the forward-looking
statements, due to various factors. Without being exhaustive, such
factors include economic situations and business conditions, including
legal and product evaluation issues, fluctuations in currencies and
demand, and changes in competitive factors. Ares Allergy Holdings Plc
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information or
future events and except as required by law.
Restrictions:
This document cannot be
released
directly or indirectly in
South Africa,
Australia,
Canada,
Japan, New Zealand or the United
States
of America. The information contained in this document
does not constitute an offer to sell or the solicitation of an offer to
buy or sell shares or other financial instruments in Ares
Allergy Holdings Plc or Stallergenes SA in any
jurisdiction, in particular in any jurisdiction in which such an offer,
solicitation, purchase or sale would be illegal
prior to the registration, exemption from registration or other qualification
under the terms of legislation on
financial instruments
in
such a jurisdiction. Persons in possession of this document are required
to inform themselves about and comply with these restrictions. Neither
Stallergenes SA, nor Ares Allergy Holdings Plc or any other party to
this transaction mentioned in this document accepts
any liability in respect of persons who have obtained this document in
violation of these restrictions. Shares in Ares Allergy Holdings have
not been and will not be registered under the US Securities Act of 1933
or under any other legislation of any jurisdiction
in the United States of
America.
Not for release, directly or indirectly, in South Africa, Australia, Canada, Japan, New Zealand or the United States of America
View source version on businesswire.com: http://www.businesswire.com/news/home/20150831005661/en/
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