The Public Offers and Admissions to Trading Regulations 2023

This section has no associated Explanatory Memorandum

17.  For the purposes of paragraph 3, the making of an offer of relevant securities to—

(a)trustees of a trust,

(b)members of a partnership in their capacity as such, or

(c)two or more persons jointly,

is to be treated as the making of an offer to a single person.