(1) Subsection (2) applies to a person ("P") who -
(a) makes a statement which P knows to be false or misleading in a material respect,
(b) makes a statement which is false or misleading in a material respect, being reckless as to whether it is, or
(c) dishonestly conceals any material facts whether in connection with a statement made by P or otherwise.
(2) P commits an offence if P makes the statement or conceals the facts with the intention of inducing, or is reckless as to whether making it or concealing them may induce, another person (whether or not the person to whom the statement is made) -
(a) to enter into or offer to enter into, or to refrain from entering or offering to enter into, a relevant agreement, or
(b) to exercise, or refrain from exercising, any rights conferred by a relevant investment.
(3) In proceedings for an offence under subsection (2) brought against a person to whom that subsection applies as a result of paragraph (a) of subsection (1), it is a defence for t
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