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Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 30 January 2024 - onwards
Version 2 of 2

Schedule 2, Part 3 Further exemption relating to forward-looking statement (paras. 10-11)

Regulation 30(9)

"Protected forward-looking statement"

10.

(1) For the purposes of this Part of this Schedule, a forward-looking statement in a prospectus is "a protected forward-looking statement" if it -

(a) is of a kind specified by the FCA for the purposes of this paragraph in the appropriate rules, and

(b) is accompanied by a statement, in such form as may be required by the appropriate rules, which identifies the statement as a protected forward-looking statement for the purposes of this Part of this Schedule.

(2) In paragraph (1) -

"the appropriate rules" means -

(i) in relation to a regulated market, regulated market admission rules, and

(ii) in relation to a primary MTF, rules made by virtue of regulation 15;

"forward-looking statement" includes -

(i) a statement containing a projection, estimate, forecast or target,