C1Part VI Official Listing
F1Supplementary prospectus
Ss. 84-87R and cross-headings substituted for ss. 84-87 (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 5
87GSupplementary prospectus
1
Subsection (2) applies if, during the relevant period, there arises or is noted a significant new factor, material mistake or inaccuracy relating to the information included in a prospectus approved by the F3FCA.
2
The person on whose application the prospectus was approved must, in accordance with prospectus rules, submit a supplementary prospectus containing details of the new factor, mistake or inaccuracy to the F3FCA for its approval.
3
The relevant period begins when the prospectus is approved and ends—
a
with the closure of the offer of the transferable securities to which the prospectus relates; or
b
when trading in those securities on a regulated market begins.
F23A
But where the prospectus relates both to an offer of transferable securities to the public and the admission of those securities to trading on a regulated market, subsection (3) does not apply and the relevant period begins when the prospectus is approved and ends with the later of—
a
the closure of the offer to the public to which the prospectus relates, or
b
the time when trading in those securities on a regulated markets begins.
4
“Significant” means significant for the purposes of making an informed assessment of the kind mentioned in section 87A(2).
5
Any person responsible for the prospectus who is aware of any new factor, mistake or inaccuracy which may require the submission of a supplementary prospectus in accordance with subsection (2) must give notice of it to—
a
the issuer of the transferable securities to which the prospectus relates, and
b
the person on whose application the prospectus was approved.
6
A supplementary prospectus must provide sufficient information to correct any mistake or inaccuracy which gave rise to the need for it.
7
Subsection (1) applies also to information contained in any supplementary prospectus published under this section.
Pt. 6 (ss. 72-103) applied (with modifications) (1.12.2001) by S.I. 1995/1537, Sch. 4 (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 511)