John Farndon's 1000 Things You Should Know About Modern History PDF

By John Farndon

ISBN-10: 1902947983

ISBN-13: 9781902947983

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However, it may require, in a specific case, the inclusion of additional information relating to the items mentioned in the annexes if the draft prospectus does not satisfy the Prospectus Directive’s disclosure requirements (Arts. ). If the issuer is a property, mineral, investment, scientific-based or shipping company or a start-up founded less than three years ago, the competent authority is entitled to request adapted information, in addition to the information items listed in the annexes, taking into account the nature of the issuer’s activities.

94 Second, the information must be presented in an easily analysable and comprehensible form. Since the offering is made to the public, any type of investor should be able to assess the information. This also means that the form in which the information is made available be suitable for any type of public, regardless of its expertise. 95 Ensuring the completeness and suitable presentation of information contained in the prospectus is part of the approval procedure undertaken by the competent authority (see no.

They must then submit a prospectus for approval to the competent authority of the selected Member State. e. 82 Particularly for eurobonds, the Luxembourg stock exchange is the preferred market. Under these rules, the offeror or person requesting admission to trading is entitled to select the competent authority from the aforementioned Member States on a transaction-by-transaction basis and is not bound by a prior choice, even if it relates to the same type of securities. It should be noted, however, that the competent authority is entitled to assign its power to approve the prospectus to another competent authority, subject to the latter’s agreement (Art.

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1000 Things You Should Know About Modern History by John Farndon

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