SCHEDULES

F1SCHEDULE 10ALIABILITY OF ISSUERS IN CONNECTION WITH PUBLISHED INFORMATION

Annotations:
Amendments (Textual)
F1

Sch. 10A inserted (1.10.2010 with effect in accordance with reg. 3(1) of the amending S.I.) by The Financial Services and Markets Act 2000 (Liability of Issuers) Regulations 2010 (S.I. 2010/1192), reg. 2(3), Sch.

PART 2LIABILITY IN CONNECTION WITH PUBLISHED INFORMATION

5Liability of issuer for dishonest delay in publishing information

1

An issuer of securities to which this Schedule applies is liable to pay compensation to a person who—

a

acquires, continues to hold or disposes of the securities, and

b

suffers loss in respect of the securities as a result of delay by the issuer in publishing information to which this Schedule applies.

2

The issuer is liable only if a person discharging managerial responsibilities within the issuer acted dishonestly in delaying the publication of the information.