Open on EUR-Lex ↗

Article 26a - Proportionate schedule for rights issues

Article 26a
Proportionate schedule for rights issues

1.The proportionate schedules set out in Annexes XXIII and XXIV shall apply to rights issues, provided that the issuer has shares of the same class already admitted to trading on a regulated market or a multilateral trading facility as defined in point 15 of Article 4(1) of Directive 2004/39/EC of the European Parliament and of the Council ( 8 ).

2.Issuers whose shares of the same class are already admitted to trading on a multilateral trading facility can only make use of the schedules set out in Annexes XXIII and XXIV when the rules of that multilateral trading facility contain the following:

(a)

provisions requiring issuers to publish annual financial statements and audit reports within 6 months after the end of each financial year, half yearly financial statements within 4 months after the end of the first 6 months of each financial year and make public inside information as defined in point 1 of the first paragraph of Article 1 of Directive 2003/6/EC pursuant to Article 6 of that Directive;

(b)

provisions requiring issuers to make the reports and information referred to in point (a) available to the public by publishing them on their websites;

(c)

provisions preventing insider dealing and market manipulation in accordance with Directive 2003/6/EC.

3.A statement at the beginning of the prospectus shall indicate clearly that the rights issue is addressed to shareholders of the issuer and that the level of disclosure of the prospectus is proportionate to that type of issue.

Official text · consolidated version 24/03/2016 (in force) Open full page ↗
6 queries · page built in 6 msInventory f82bbfa3