Regulation 60 Proportionate schedule for rights issues

(1)

Article 26a (proportionate schedule for rights issues)^f1 is amended as follows.

(2)

In paragraph 1, for “a multilateral trading facility as defined in point 15 of Article 4(1) of Directive 2004/39/EC of the European Parliament and of the Council” substitute “a UK multilateral trading facility as defined in Article 2(1)(14A) of the markets in financial instruments regulation”.

(3)

In paragraph 2—

(a)

after “trading on a” insert “UK”;

(b)

in point (a), for “point 1 of the first paragraph of Article 1 of Directive 2003/6/EC pursuant to Article 6 of that Directive” substitute “Article 7(1) of Regulation 596/2014/EU pursuant to Article 17 of that Regulation”;

(c)

in point (c) for “Directive 2003/6/EC” substitute “Regulation 596/2014/EU”.

Annotations

Footnotes

f1: Articles 26a to 26c were inserted by Commission Delegated Regulation 486/2012/EU.