Securities Markets Regulations, 2015 · s 4

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4.
( 1)
The prospectus shall disclose all the necessary information, depending on the particular nature of the issuer and of the securities being offered to the public, or for which admission to trading on a regulated market is sought, to enable investors to make an informed assessment of the assets and liabilities, financial position, profits and losses, and prospects of the issuer and of the guarantors, if any, of the securities being offered to the public or admitted to trading, as well as the rights attaching to such securities and the conditions in which the securities are issued as set forth in the guidelines issued by the
Authority.
(2)
The information in the registration statement must be presented in a structure that is comprehensible and easy to analyse and must comply with the requirements of these Regulations.
(3)
The prospectus may be drawn up as a single document or as separate documents.
(4)
A prospectus drawn up as a single document shall comprise parts in the following order -
175

(a} a clear and detailed table of contents;
(b)
a prospectus summary provided for under these Regulations;
(c)
identified risk factors linked to the issuer and the type of security covered by the issue;
(d)
any information required by the Authority.
(5)
A prospectus drawn up as separate documents shall include -
(a}
a registration statement or, for the first admission to trading of equity securities, a base document containing information about the issuer;
(b) a securities note which is a short form information document in any form whatsoever and which contains information on the securities being offered to the public or for which admission to trading on a regulated market is sought; and
(c)

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s 4( 1)

The prospectus shall disclose all the necessary information, depending on the particular nature of the issuer and of the securities being offered to the public, or for which admission to trading on a regulated market is sought, to enable investors to make an informed assessment of the assets and liabilities, financial position, profits and losses, and prospects of the issuer and of the guarantors, if any, of the securities being offered to the public or admitted to trading, as well as the rights attaching to such securities and the conditions in which the securities are issued as set forth in the guidelines issued by the

Authority.

(2)

The information in the registration statement must be presented in a structure that is comprehensible and easy to analyse and must comply with the requirements of these Regulations.

(3)

The prospectus may be drawn up as a single document or as separate documents.

(4)

A prospectus drawn up as a single document shall comprise parts in the following order -

175

(a} a clear and detailed table of contents;

(b)

a prospectus summary provided for under these Regulations;

(c)

identified risk factors linked to the issuer and the type of security covered by the issue;

(d)

any information required by the Authority.

(5)

A prospectus drawn up as separate documents shall include -

(a}

a registration statement or, for the first admission to trading of equity securities, a base document containing information about the issuer;

(b)

a securities note which is a short form information document in any form whatsoever and which contains information on the securities being offered to the public or for which admission to trading on a regulated market is sought; and

(c)