(5)An EU Follow-on prospectus should be subject to lighter disclosure rules compared to the regime of the simplified prospectus for secondary issuances that it replaces. Therefore, to support issuers in making follow-on issuances of both equity and non-equity securities, and considering the results of the targeted consultation, this Regulation should specify only certain information items, mainly pertaining to the details of the offer of securities to the public or the admission to trading on a regulated market and the terms and conditions of the securities, which are not already sufficiently detailed in Annexes IV and V of Regulation (EU) 2017/1129.