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Version status: Partly in force | Document consolidation status: No known changes
Version date: 30 January 2024 - onwards
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Regulation 13 Disclosure of information

(1) Paragraph (2) applies in relation to an offer of relevant securities to the public in the United Kingdom if -

(a) the offer -

(i) is of any of the kinds specified in paragraphs 1 to 11 and 13 of Schedule 1, and

(ii) is not also of the kind specified in paragraph 12 of that Schedule, and

(b) the total consideration for the relevant securities being offered in the United Kingdom can amount, in value, to at least £1,000,000, or an equivalent amount (see paragraph (4)).

(2) In the event that material information is disclosed by, or on behalf of, an issuer or offeror and addressed to one or more selected investors in oral or written form, that information must -

(a) in a case where -

(i) the offer is of the kind specified in paragraph 6 of Schedule 1, and

(ii) designated activity rules, or rules made by the operator of a primary MTF, require the publication of a prospectus, MTF admission prospectus or other document,

be included in the prospectus, MTF admission prospectus or other docu

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