Price stabilisation through green shoe option
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....itions: (a) the draft offer document contains all material disclosures about the green shoe option; (b) the issuer has appointed an investment banker or a broker dealer registered with the Authority as a stabilising agent, who shall be responsible for the price stabilisation process; (c) the maximum number of specified securities that may be borrowed from pre-issue share....
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....bought from the market shall be returned to the pre-issue shareholders promptly and not later than two working days after the end of the stabilization period. (5) On expiry of the stabilisation period, if the stabilising agent has not been able to buy specified securities from the market to the extent of such securities over-allotted, the issuer shall allot specified securities at issue price t....
TaxTMI