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New version applies from 12/02/2015 — introduced by Commission Delegated Regulation (EU) 2015/97. 26 provisions change. Article 7 changes in this version: compare with the current text.

Article 7 - Net short positions in shares — general

Article 7
Net short positions in shares — general

The following criteria shall be taken into account for the purposes of net short positions referred to in Articles 5 and 6:

((a))

it is irrelevant whether a cash settlement or physical delivery of underlying assets has been agreed;

((b))

short positions on financial instruments that give rise to a claim to unissued shares, and subscription rights, convertible bonds and other comparable instruments shall not be considered as short positions when calculating a net short position.

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