Paragraph 34 I1

United Kingdom

To specify for the purposes of rule 5.3.3A of the Disclosure Guidance and Transparency Rules sourcebook—

(a)

the method for calculating the number of voting rights in the case of financial instruments referenced to a basket of shares or an index, and

(b)

the methods for determining delta for the purposes of calculating voting rights relating to financial instruments which provide exclusively for a cash settlement M1.

Annotations

Marginal citations

M1: This function is transferred from Article 13(1a) of Directive 2004/109/EC.

Commencement

I1: Sch. 2 para. 34 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)