greenshoe option

Definitions over time (1)

1. 23/12/2003 – 03/07/2016 Article 2, Commission Regulation (EC) No 2273/2003 Scope: Whole act

   For the purposes of this Regulation, the following definitions shall apply in addition to those laid down in Directive 2003/6/EC:

   "greenshoe option" means an option granted by the offeror in favour of the investment firm(s) or credit institution(s) involved in the offer for the purpose of covering overallotments, under the terms of which such firm(s) or institution(s) may purchase up to a certain amount of relevant securities at the offer price for a certain period of time after the offer of the relevant securities. "BUY-BACK" PROGRAMMES

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