This Rule applies to any transaction whatsoever with a Related Party which exceeds 5% in any of the Class Tests.
An Issuer must issue Notification without delay as soon as the terms of a transaction with a Related Party are agreed disclosing:
(a) the information specified by Schedule Four;
(b) the name of the Related Party concerned and the nature and extent of their interest in the transaction; and
(c) a statement that with the exception of any Director who is involved in the transaction as a Related Party, its Directors consider, having consulted with its Euronext Growth Advisor, that the terms of the transaction are fair and reasonable insofar as its Shareholders are concerned.
Guidance:
Note guidance under Rule 5.17