# Commission Delegated Regulation (EU) 2019/980 of 14 March 2019 supplementing Regulation (EU) 2017/1129 of the European Parliament and of the Council as regards the format, content, scrutiny and approval of the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Commission Regulation (EC) No 809/2004 (Text with EEA relevance) (revoked) EU Regulation 2019/980 ยท adopted 14 March 2019 Commission Delegated Regulation (EU) 2019/980 of 14 March 2019 supplementing Regulation (EU) 2017/1129 of the European Parliament and of the Council as regards the format, content, scrutiny and approval of the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Commission Regulation (EC) No 809/2004 (Text with EEA relevance) PDFs: Printed copy https://openlegislation.uk/eu-regulation-2019-980/pdf/eur_20190980_adopted_en.pdf; Revised version (17 September 2020) https://openlegislation.uk/eu-regulation-2019-980/pdf/eur_20190980_2020-09-17_en.pdf ## Introductory text Commission Delegated Regulation (EU) 2019/980 of 14 March 2019 supplementing Regulation (EU) 2017/1129 of the European Parliament and of the Council as regards the format, content, scrutiny and approval of the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Commission Regulation (EC) No 809/2004 (Text with EEA relevance) (revoked) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter I: DEFINITIONS ## 1 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter II: CONTENT OF THE PROSPECTUS ### Section 1: Minimum information to be included in the registration documents ## 2 Registration document for equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 Universal registration document . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Registration document for secondary issuances of equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Registration document for units of closed-end collective investment undertakings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 Registration document for depository receipts issued over shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 Registration document for retail non-equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8 Registration document for wholesale non-equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9 Registration document for secondary issuances of non-equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10 Registration document for asset-backed securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 Registration document for non-equity securities issued by third countries and their regional and local authorities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Section 2: Minimum information to be included in the securities notes ## 12 Securities note for equity securities or units issued by collective investment undertakings of the closed-end type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 13 Securities note for secondary issuances of equity securities or of units issued by collective investment undertakings of the closed-end type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 14 Securities note for depository receipts issued over shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15 Securities note for retail non-equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 16 Securities note for wholesale non-equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 17 Securities note for secondary issuances of non-equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Section 3: Additional information to be included in the prospectus ## 18 Complex financial history and significant financial commitment of issuers of equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 19 Securities that are exchangeable for or convertible into shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 20 Securities giving rise to payment or delivery obligations linked to an underlying asset . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 21 Asset backed securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 22 Guarantees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 23 Consent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 23a Historical financial information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter III: FORMAT OF THE PROSPECTUS ## 24 Format of a prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 25 Format of a base prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 26 Information to be included in the base prospectus and the final terms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 27 Prospectus summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter IV: THE UK GROWTH PROSPECTUS ## 28 UK Growth registration document for equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 29 UK Growth registration document for non-equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 30 UK Growth securities note for equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 31 UK Growth securities note for non-equity securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 32 Format of the UK Growth prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33 Specific summary for the UK Growth prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 34 Supplements to the specific summary for the UK Growth prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter V: SCRUTINY AND APPROVAL OF THE PROSPECTUS AND REVIEW OF THE UNIVERSAL REGISTRATION DOCUMENT ## 35 Scope of the scrutiny . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 36 Criteria for the scrutiny of the completeness of the information contained in the prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 37 Criteria for the scrutiny of the comprehensibility of the information contained in the prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38 Criteria for the scrutiny of the consistency of the information contained in the prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 39 Scrutiny of the information contained in the prospectus of specialist issuers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 40 Additional criteria for the scrutiny of the completeness, consistency and comprehensibility of the information contained in the prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 41 Proportionate approach in the scrutiny of draft prospectuses and review of the universal registration document . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 42 Submission of an application for approval of a draft prospectus or filing of a universal registration document or of amendments thereto . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 43 Changes to a draft prospectus during the approval procedure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 44 Submission for approval of the final draft of the prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 45 Acknowledgment of the receipt of an application for approval of a draft prospectus, or of the filing of a universal registration document or of an amendment thereto, and processing of an application for approval of a draft prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Chapter VI: FINAL PROVISIONS ## 46 Repeal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 46a Prospectuses approved between 21 July 2019 and 16 September 2020 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 47 Entry into force and application . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Signature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## A REGISTRATION DOCUMENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## B SECURITIES NOTES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## C ADDITIONAL INFORMATION TO BE INCLUDED IN THE PROSPECTUS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## D EU GROWTH PROSPECTUS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## E OTHER CATEGORIES OF INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 28 LIST OF ADDITIONAL INFORMATION IN THE FINAL TERMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Annex 29 LIST OF SPECIALIST ISSUERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --- Source: https://www.legislation.gov.uk/eur/2019/980 (the official version) Page: https://openlegislation.uk/eu-regulation-2019-980 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.