(1) The obligation referred to in Article 4.1 of the Listing Particulars directive shall be incumbent on the persons referred to in Article 4.2 of that directive.
(2) In the event of non-compliance with or contravention of the obligation referred to in Article 4.1 of the Listing Particulars directive, a person referred to in Article 4.2 of that directive shall not incur any liability by reason of the non-compliance or contravention if -
(a) in relation to any matter not disclosed, he proves that he did not know it, or
(b) he proves that the non-compliance or contravention arose from an honest mistake of fact on his part, or
(c) the non-compliance or contravention was in respect of matters which in the opinion of the court dealing with the case were immaterial or was otherwise such as ought, in the opinion of the court, having regard to all the circumstances of the case, reasonably to be excused.
(3) Nothing in this Regulation shall be construed so as to limit or diminish any liabi