The Public Offers and Admissions to Trading Regulations 2024
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Change 1
8 “Primary MTF”
(1) In these Regulations “primary MTF” means a multilateral trading facility which meets the conditions in paragraph (2). (2) The conditions are— (a) that the operator of the multilateral trading facility maintains rules which relate to each of the following— (i) the eligibility of issuers, (ii) the conditions for admission to trading, including information to be published, and (iii) requirements to be complied with in order to maintain the admission to trading, and (b) that the issuers of transferable securities that are to be admitted to trading on the multilateral trading facility are required to comply with those rules. (3) In this regulation “multilateral trading facility” has the same meaning as in Part 18 of FSMA 2000 (see section 313(1) of that Act).
8 “Primary MTF”
(1) In these Regulations “primary MTF” means a multilateral trading facility which meets the conditions in paragraph (2). (2) The conditions are— (a) that the operator of the multilateral trading facility maintains rules which relate to each of the following— (i) the eligibility of issuers, (ii) the conditions for admission to trading, including information to be published, and (iii) requirements to be complied with in order to maintain the admission to trading, and (b) that the issuers of transferable securities that are to be admitted to trading on the multilateral trading facility are required to comply with those rules. (3) In this regulation “multilateral trading facility” has the same meaning as in Part 18 of FSMA 2000 (see section 313(1) of that Act).
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