Version status: To be repealed | Document consolidation status: Updated to reflect all known changes

Published date: 6 July 2001

Directive 2001/34/EC - Consolidated and Admissions and Reporting Directive (CARD) (also known as Listing Directive)

	Recitals
	Title I Definitions and Scope of Application (arts. 1-4)
	Chapter I Definitions (art. 1)
	Article 1
	Chapter II Scope of application (arts. 2-4)
	Article 2
	Article 3
	Article 4
	Title II General Provisions Concerning the Official Listing of Securities (arts. 5-19)
	Chapter I General conditions for admission (arts. 5-7)
	Article 5
	Article 6
	Article 7
	Chapter II More stringent or additional conditions and obligations (art.8)
	Article 8
	Chapter III Derogations (arts. 9-10)
	Article 9
	Article 10
	Chapter IV Powers of the national competent authorities (arts. 11-19)
	Section 1 Decision of admission (arts. 11-15)
	Article 11
	Article 12
	Article 13
	Article 14
	Article 15
	Section 2 Information requested by the competent authorities (art. 16)
	Article 16
	Section 3 Action against an issuer failing to comply with the obligations resulting from admission (art. 17)
	Article 17
	Section 4 Suspension and discontinuance (art. 18)
	Article 18
	Section 5 Right to apply to the courts in case of refusal of admission or discontinuance (art. 19)
	Article 19
	Title III Particular Conditions Relating to Official Listings of Securities (arts. 20-63)
	Chapter I Publication of listing particulars for admission (arts. 20-41)
	Section 1 General provisions (arts. 20-22)
	Article 20
	Article 21
	Article 22
	Section 2 Partial or complete exemption from the obligation to publish listing particulars (art. 23)
	Article 23
	Section 3 Permitted omission from listing particulars of certain information (art. 24)
	Article 24
	Section 4 Contents of listing of particulars in specific cases (arts. 25-34)
	Article 25
	Article 26
	Article 27
	Article 28
	Article 29
	Article 30
	Article 31
	Article 32
	Article 33
	Article 34
	Section 5 Control and circulation of listing particulars (arts. 35-36)
	Article 35
	Article 36
	Section 6 Determination of the competent authority (art. 37)
	Article 37
	Section 7 Mutual recognition (arts. 38-40)
	Article 38
	Article 39
	Article 40
	Section 8 Agreements with non-member countries (art. 41)
	Article 41
	Chapter II Specific conditions for the admission of shares (arts. 42-51)
	Section 1 Conditions relating to companies for the shares of which admission to official listing is sought (arts. 42-44)
	Article 42
	Article 43
	Article 44
	Section 2 Conditions relating to the shares for which admission is sought (arts. 45-51)
	Article 45
	Article 46
	Article 47
	Article 48
	Article 49
	Article 50
	Article 51
	Chapter III Particular conditions relating to the admission to official listing of debt securities issued by an undertaking (arts. 52-59)
	Section 1 Conditions relating to undertakings for the debt securities of which admission to official listing is sought (art. 52)
	Article 52
	Section 2 Conditions relating to the debt securities for which admission to official listing is sought (arts. 53-57)
	Article 53
	Article 54
	Article 55
	Article 56
	Article 57
	Section 3 Other conditions (arts. 58-59)
	Article 58
	Article 59
	Chapter IV Particular conditions relating to the admission to official listing of debt securities issued by a State, its regional or local authorities or a public international body (arts. 60-63)
	Article 60
	Article 61
	Article 62
	Article 63
	Title IV Obligations Relating to Securities Admitted to Official Listing (arts. 64-97)
	Chapter I Obligations of companies whose shares are admitted to official listing (arts. 64-77)
	Section 1 Listing of newly issued shares of the same class (art. 64)
	Article 64
	Section 2 Treatment of shareholders (art. 65)
	Article 65
	Section 3 Amendment of the instrument of incorporation or the statutes (art. 66)
	Article 66
	Section 4 Annual accounts and annual report (art. 67)
	Article 67
	Section 5 Additional information (art. 68)
	Article 68
	Section 6 Equivalence of information (art. 69)
	Article 69
	Section 7 Periodical information to be published (arts. 70-71)
	Article 70
	Article 71
	Section 8 Publication and contents of the halfyearly report (arts. 72-77)
	Article 72
	Article 73
	Article 74
	Article 75
	Article 76
	Article 77
	Chapter II Obligation of issuers whose debt securities are admitted to official listing (arts. 78-84)
	Section 1 Debt securities issued by an undertaking (arts.78-82)
	Article 78
	Article 79
	Article 80
	Article 81
	Article 82
	Section 2 Debt securities issued by a State or its regional or local authorities or by a public international body (arts. 83-84)
	Article 83
	Article 84
	Chapter III Obligations relating to the information to be published when a major holding in a listed company is acquired or disposed of (arts. 85-97)
	Section 1 General provisions (arts. 85-88)
	Article 85
	Article 86
	Article 87
	Article 88
	Section 2 Information when a major holding is acquired or disposed of (arts. 89-91)
	Article 89
	Article 90
	Article 91
	Section 3 Determination of the voting rights (art. 92)
	Article 92
	Section 4 Exemptions (arts. 93-95)
	Article 93
	Article 94
	Article 95
	Section 5 Competent authorities (art. 96)
	Article 96
	Section 6 Sanctions (art. 97)
	Article 97
	Title V Publication and Communication of the Information (arts. 98-104)
	Chapter I Publication and communication of listing particulars for the admission of securities to the official stock exchange listing (arts. 98-101)
	Section 1 Procedures and period of publication of listing particulars and their supplements (arts. 98-100)
	Article 98
	Article 99
	Article 100
	Section 2 Prior communication to the competent authorities of the means of publication (art. 101)
	Article 101
	Chapter II Publication and communication of information after listing (art. 102)
	Article 102
	Chapter III Languages (arts. 103-104)
	Article 103
	Article 104
	Title VI Competent Authorities and Cooperation between Member States (arts. 105-107)
	Article 105
	Article 106
	Article 107
	Title VII Contact Committee (arts. 108-109)
	Chapter I Composition, working and tasks of the Committee (art. 108)
	Article 108
	Chapter II Adaptation of the amount of equity market capitalisation (art. 109)
	Article 109
	Title VIII Final Provisions (arts. 110-113)
	Article 110
	Article 111
	Article 112
	Article 113
	Annex I Schedule of Listing Particulars for the Admission of Securities to the Official Stock Exchange Listing
	Schedule A Layout for listing particulars for the admission of shares to official stock exchange listing
	Schedule A, Chapter 1 Information concerning those responsible for listing particulars and the auditing of accounts
	Schedule A, Chapter 2 Information concerning admission to official listing and the shares for the admission of which application is being made
	Schedule A, Chapter 3 General information about the issuer and its capital
	Schedule A, Chapter 4 Information concerning the issuer's activities
	Schedule A, Chapter 5 Information concerning the issuer's assets and liabilities, financial position and profits and losses
	Schedule A, Chapter 6 Information concerning administration, management and supervision
	Schedule A, Chapter 7 Information concerning the recent development and prospects of the issuer
	Schedule B Layout for listing particulars for the admission of debt securities to official stock exchange listing
	Schedule B, Chapter 1 Information concerning those responsible for listing particulars and the auditing of accounts
	Schedule B, Chapter 2 Information concerning loans and the admission of debt securities to official listing
	Schedule B, Chapter 3 General information about the issuer and its capital
	Schedule B, Chapter 4 Information concerning the issuer's activities
	Schedule B, Chapter 5 Information concerning the issuer's assets and liabilities, financial position and profits and losses
	Schedule B, Chapter 6 Information concerning administration, management and supervision
	Schedule B, Chapter 7 Information concerning the recent development and prospects of the issuer
	Schedule C Layout for listing particulars for the admission of certificates representing shares to official stock exchange listing
	Schedule C, Chapter 1 General information about the issuer
	Schedule C, Chapter 2 Information on the certificates themselves
	Annex II
	Annex II, Part A Repealed Directives and their successive amendments (referred to in Article 111)
	Annex II, Part B Time-limits for transposition into national law (referred to in Article 111)
	Annex III Correlation Table
	Done at