12
Offer Period The offer period during which investors may place subscription
offers is expected to commence on 18 November 2010 and will
expire on 24 November 2010 on 5 pm (the “Offer Period”).In
case of an over-subscription, the Offer Period for the Public Offer
will end, however, before the aforementioned time, on the respec-
tive trading day of such over-subscription. An over-subscription
on a particular trading day occurs if the total amount (i) of sub-
scription offers transmitted to the Issuer by Close Brothers in the
Institutional Offer; and (ii) the subscription offers transmitted
through the Subscription Box in the Public Offer exceed the total
nominal amount of Notes as at the respective exchange trading
day (inclusive) (the “Over-Subscription”). Any subscription of-
fers regarding the subscription from the Public Offer via the Sub-
scription Box which are considered in the Final Note - which the
Paying Agent has to deliver between 4 and 5 pm of each trading
day to EUWAX as operator of the Subscription Box (the “Final
Note”) – will be considered as being from that trading day. Any
subscription offer for a specific trading day, which is not consid-
ered in the Final Note of the respective trading day, is to be con-
sidered as being from the next trading day.
The Issuer reserves the right to extend or reduce the Offer Period.
Any reduction or extension of the Offer Period as well as further
subscription periods or the termination of the Public Offer of the
Notes will be announced on the website of the Issuer and the Lux-
embourg stock exchange (www.bourse.lu).
Allotment: The allotment of Notes subscribed through the Subscription Box
or directly placed with Close Brothers will be decided after con-
sultation between the Issuer and Close Brothers. As long as there
is no Over-Subscription, the subscription offers transmitted to or
received by Close Brothers, which are assigned according to the
description in the section “Offer Period” to the respective trading
day, will be generally fully allotted. Once an Over-Subscription
occurs, any subscription offers made through the Subscription Box
will be allotted first. Any remaining notes will be allotted through
Close Brothers to institutional investors. Besides this, the Issuer
together with Close Brothers is entitled to reduce subscriptions or
reject individual subscription offers. Claims of investors in rela-
tion to already paid-in subscription fees and any expenses arising
in connection with the subscription are dealt with in accordance
with the legal relationship between the investor and the respective
depositary bank where the investor placed his subscription offer.
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