Report 8/2021
Information on the end of the stabilization period on February 26, 2021, of the market prices of Huuuge, Inc. shares listed on the regulated market of the Warsaw Stock Exchange
Report 8/2021
26-02-2021
Huuuge, Inc. (the “Issuer”), hereby reports that the stabilization period of the market prices of the Issuer’s shares listed on the Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie S.A.; the “WSE”) ended on February 26, 2021. The terms and conditions of the execution of the stabilization transactions were presented in the prospectus approved by the Polish Financial Supervision Authority (Komisja Nadzoru Finansowego) on January 26, 2021, together with the supplements, errata and update reports (the “Prospectus”).
The function of stabilization manager was performed by IPOPEMA Securities S.A. (the “Stabilization Manager”). The stabilization period was the period February 19-26, 2021.
The price ranges within which the stabilization transactions were carried out (for each of the dates of the stabilization transactions) were as follows:
Date | Quantity of shares | Price range (in PLN) | Trading venue in which the transactions were carried out |
February 19, 2021 | 2.215.000 | 45,6000-49,9850 | WSE regulated market |
February 22, 2021 | 400.000 | 46,7500-49,9000 | WSE regulated market |
February 23, 2021 | 600.000 | 38,4000-47,0000 | WSE regulated market |
February 24, 2021 | 0 | - | - |
February 25, 2021 | 0 | - | - |
February 26, 2021 | 116.668 | 41,1950-42,3000 | WSE regulated market |
Total by February 26, 2021 (including that day): | 3.331.668 |
Accordingly, stabilization efforts will no longer be undertaken with respect to the shares in the Issuer.
Legal basis: Art. 6.3 of Commission Delegated Regulation (EU) 2016/1052 of March 8, 2016, supplementing Regulation (EU) 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programs and stabilization measures.
