Art. 38 FinSA from 2024
Art. 38 Exemptions for admission to trading
1 A prospectus need not be published if the following types of securities are admitted to trading:a. equity securities that over a period of 12 months account for less than 20% of the number of equity securities of the same category already admitted to trading on the same trading venue;b. equity securities issued upon the conversion or exchange of financial instruments or following the exercise of rights linked to financial instruments, provided they are equity securities of the same category as those already admitted to trading;c. securities admitted to trading on a foreign trading venue whose regulation, supervision and transparency are acknowledged as being appropriate by the domestic trading venue or whose transparency for investors is ensured in another manner;d. securities for which admission is sought for a trading segment open exclusively to professional clients trading for their own account or for the account solely of professional clients.
2 Exemptions from the duty to publish a prospectus in accordance with Articles 36 and 37 also apply by analogy to admission to trading.
Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.
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