C1C2Part VI Official Listing
Pt. 6 modified (31.12.2020) by The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/707), regs. 1(2), 73 (as amended by S.I. 2019/1234, regs. 1(2), 23 and with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, regs. 1(3), 29(2)))); 2020 c. 1, Sch. 5 para. 1(1)
F1Transparency obligations
Ss. 89A-89G and cross-heading inserted (8.11.2006) by Companies Act 2006 (c. 46), ss. 1266(1), 1300(1)(a) (with s. 1266(2))
89CProvision of information by issuers of transferable securities
1
Transparency rules may make provision requiring the issuer of transferable securities, in circumstances specified in the rules—
a
to make public information to which this section applies, or
b
to notify to the F2FCA information to which this section applies,
or to do both.
2
In the case of every issuer, this section applies to—
F7a
an annual financial report which complies with subsection (5) and with such other requirements as may be specified;
aa
in the case of an issuer which is—
i
a mining or quarrying undertaking, or
ii
a logging undertaking,
reports complying with specified requirements on payments to governments;F4and
b
information relating to the rights attached to the transferable securities, including information about the terms and conditions of those securities which could indirectly affect those rights; F5...
F6c
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
In the case of an issuer of debt securities, this section also applies to F8a half-yearly financial report which covers the first 6 months of the financial year and complies with subsection (6) and with such other requirements as may be specified.
4
In the case of an issuer of shares, this section also applies to—
a
F9a half-yearly financial report which covers the first 6 months of the financial year and complies with subsection (6) and with such other requirements as may be specified;
F3b
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c
voteholder information—
i
notified to the issuer, or
ii
relating to the proportion of voting rights held by the issuer in respect of shares in the issuer;
d
information relating to the issuer's capital; and
e
information relating to the total number of voting rights in respect of shares or shares of a particular class.
F105
An issuer's annual financial report must include—
a
audited financial statements complying with specified requirements,
b
a management report complying with specified requirements, and
c
statements which—
i
relate to the financial statements and the management report,
ii
are made by the persons responsible within the issuer, and
iii
comply with specified requirements.
6
An issuer's half-yearly financial report must include—
a
a condensed set of financial statements complying with specified requirements,
b
an interim management report complying with specified requirements, and
c
statements which—
i
relate to the condensed set of financial statements and the interim management report,
ii
are made by the persons responsible within the issuer, and
iii
comply with specified requirements.
7
In subsection (2)(aa), “mining or quarrying undertaking”, “logging undertaking”, “payment” and “government” have the same meanings as in the Reports on Payments to Governments Regulations 2014 .
8
In this section “specified” means specified in, or referred to in, transparency rules.
Pt. 6 (ss. 72-103) applied (with modifications) (1.12.2001) by S.I. 1995/1537, Sch. 4 (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 511)