VALLAURIS II CLO PLC - Irish Stock Exchange

means of sufficient information on the terms of the offer and the Notes to be offered so as to enable
an investor to decide to purchase or subscribe the Notes, as the same may be varied in that Member
State by any measure implementing the Prospectus Directive in that Member State and the expression
‘‘Prospectus Directive’’ means Directive 2003/71/EC and includes any relevant implementing measure
in each Relevant Member State.
General
Each Manager has also agreed to comply with the following selling restrictions:
(a) This Prospectus is furnished to you solely for your information and may not be
reproduced or redistributed to any other person. It is strictly confidential and is solely
destined for persons or institutions to which it was initially supplied. This document does
not constitute an offer or an invitation to subscribe for or to purchase any securities and
neither this document nor anything contained herein shall form the basis of any contract
or commitment whatsoever; and
(b) No action has been or will be taken in any jurisdiction that would permit a public offering
of the Notes, or the possession, circulation or distribution of this Prospectus or any other
material relating to the Issuer or the Notes, in any jurisdiction where action for such
purpose is required. Accordingly, the Notes may not be offered or sold, directly or
indirectly, and neither this Prospectus nor any other offering material or advertisements in
connection with the Notes may be distributed or published, in or from any country or
jurisdiction except under circumstances that will result in compliance with any applicable
rules and regulations of any such country or jurisdiction.
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