OpenLegislation

Paragraph 10

Original text. Later amendments are not shown.

(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—

    1. (i)

      in relation to a regulated market, regulated market admission rules, and

    2. (ii)

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

  • “forward-looking statement” includes—

    1. (i)

      a statement containing a projection, estimate, forecast or target,

    2. (ii)

      a statement giving guidance,

    3. (iii)

      a statement of opinion as to future events or circumstances, or

    4. (iv)

      a statement of intention.