1.Information may be incorporated by reference in a prospectus or base prospectus, notably if it is contained in one the following documents:
(1) | annual and interim financial information; |
(2) | documents prepared on the occasion of a specific transaction such as a merger or demerger; |
(3) | audit reports and financial statements; |
(4) | memorandum and articles of association; |
(5) | earlier approved and published prospectuses and/or base prospectuses; |
(6) | regulated information; |
(7) | circulars to security holders. |
2.The documents containing information that may be incorporated by reference in a prospectus or base prospectus or in the documents composing it shall be drawn up following the provisions of Article 19 of Directive 2003/71/EC.
3.If a document which may be incorporated by reference contains information which has undergone material changes, the prospectus or base prospectus shall clearly state such a circumstance and shall give the updated information.
4.The issuer, the offeror or the person asking for admission to trading on a regulated market may incorporate information in a prospectus or base prospectus by making reference only to certain parts of a document, provided that it states that the non- incorporated parts are either not relevant for the investor or covered elsewhere in the prospectus.
5.When incorporating information by reference, issuers, offerors or persons asking for admission to trading on a regulated market shall endeavour not to endanger investor protection in terms of comprehensibility and accessibility of the information. Publication and dissemination of advertisements