(20)After the approval of a prospectus, an issuer or offeror may decide to offer the securities in Member States other than those referred to in the prospectus, or to apply for admission to trading of the securities on regulated markets in Member States other than those provided for in the prospectus. Information about such offers and admissions therein is important for the investor’s assessment of certain aspects of the issuer’s securities and it is therefore appropriate to require a supplement in such cases.