Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 24 February 2010 - onwards
  Version 3 of 3    

Article 52 Common interest group of a company

(1) "Common interest group", in relation to a company, means an identified group of persons who at the time the communication is made might reasonably be regarded as having an existing and common interest with each other and that company in -

(a) the affairs of the company; and

(b) what is done with the proceeds arising from any investment to which the communication relates.

(2) If the requirements of paragraphs (3) and either (4) or (5) are met, the financial promotion restriction does not apply to any communication which -

(a) is a non-real time communication or a solicited real time communication;

(b) is made only to persons who are members of a common interest group of a company, or may reasonably be regarded as directed only at such persons; and

(c) relates to investments falling within paragraph 14, 15 or 15A of Schedule 1 which are issued, or to be issued, by that company.

(3) The requirements of this paragraph are that the communication is accompanied by an indication -

(a) tha

Comparing proposed amendment...