NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA,
AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE
REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH
AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH
THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER
RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT
INFORMATION AT THE END OF THE ANNOUNCEMENT.
14 November 2014. Reference is made to the stock
exchange announcement published on 17 October 2014
concerning potential stabilisation activities in
respect of shares in Entra ASA ("Entra",
the "Company", ticker code: "ENTRA") from 17 October
2014 to and including today, 14 November 2014
(the "Stabilisation Period") in connection with
Entra's initial public offering (the "Offering").
Goldman Sachs International (the "Stabilisation
Manager") (contact: John Bentinck; telephone: +44 (0)
20 7774 1000) hereby gives notice that during the
Stabilisation Period, stabilisation was undertaken in
relation to the Offering as set out below. For each
of the dates during which stabilisation transactions
were carried out, the price range was as follows:
Date
17 October 2014
Lowest price
NOK 65
Highest price
NOK 65
Number of shares acquired
474,389
In order to permit the redelivery of shares in Entra
which was borrowed and over-allotted in the Offering,
the Stabilisation Manager, on behalf of the Managers,
has exercised its option to purchase from the
Norwegian Government, represented by the Ministry of
Trade, Industry and Fisheries (the "Selling
Shareholder"), 11,595,845 shares in Entra, for which
the redelivery obligation has not been satisfied by
delivery of the 474,389 shares purchased during the
Stabilisation Period.
ABG Sundal Collier Norge ASA, Goldman Sachs
International and Swedbank are acting as Joint Global
Coordinators and Joint Bookrunners for the Offering.
Danske Bank, Handelsbanken Capital Markets and Kempen
& Co are acting as Co-Lead Managers for the Offering.
The Joint Global Coordinators and Joint Bookrunners
and the Co-Lead Managers are herein referred to as
the "Managers". DNB Markets is acting as financial
advisor to the Selling Shareholder.
For further queries, please contact:
Goldman Sachs International: John Bentinck; Tel: +44
(0)20 7774 1000
IMPORTANT INFORMATION
United States
These materials may not be published, distributed or
transmitted in the United States, Canada, Australia,
the Hong Kong Special Administrative Region of the
People's Republic of China, South Africa or Japan.
These materials do not constitute an offer of
securities for sale or a solicitation of an offer to
purchase securities (the "Shares") of Entra ASA
(the "Company") in the United States, Norway or any
other jurisdiction. The Shares of the Company may not
be offered or sold in the United States absent
registration or an exemption from registration under
the U.S. Securities Act of 1933, as amended
(the "Securities Act"). The Shares of the Company
have not been, and will not be, registered under the
Securities Act. Any sale in the United States of the
securities mentioned in this communication will be
made solely to "qualified institutional buyers" as
defined in Rule 144A under the Securities Act.
European Economic Area
Any offering of securities will be made by means of a
prospectus to be published that may be obtained from
the issuer or selling security holder, once
published, and that will contain detailed information
about the Company and its management, as well as
financial statements.
These materials are an advertisement and not a
prospectus for the purposes of Directive 2003/71/EC,
as amended (together with any applicable implementing
measures in any Member State, the "Prospectus
Directive"). Investors should not subscribe for any
securities referred to in these materials except on
the basis of information contained in the prospectus.
In any EEA Member State other than Norway (from the
time the prospectus has been approved by the
Financial Supervisory Authority of Norway, in its
capacity as the competent authority in Norway, and
published in accordance with the Prospectus Directive
as implemented in Norway) that has implemented the
Prospectus Directive, this communication is only
addressed to and is only directed at "qualified
investors" in that Member State within the meaning of
Article 2(1)(e) of the Prospectus Directive
("Qualified Investors"), i.e., only to investors to
whom an offer of securities may be made without the
requirement for the Company to publish a prospectus
pursuant to Article 3 of the Prospectus Directive in
such EEA Member State.
United Kingdom
In the United Kingdom, these materials are only being
distributed to and are only directed at Qualified
Investors who (i) are investment professionals
falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion)
Order 2005 (as amended) (the "Order") or (ii) are
persons falling within Article 49(2)(a) to (d) of the
Order (high net worth companies, unincorporated
associations, etc.) (all such persons together being
referred to as "Relevant Persons"). These materials
are directed only at Relevant Persons and must not be
acted on or relied on by persons who are not Relevant
Persons. Any investment or investment activity to
which this document relates is available only to
Relevant Persons and will be engaged in only with
Relevant Persons.