C1F2C2PART 24Annual confirmation of accuracy of information on register

Annotations:
Amendments (Textual)
F2

Pt. 24 substituted (1.5.2016 for specified purposes, otherwise 30.6.2016) by Small Business, Enterprise and Employment Act 2015 (c. 26), ss. 92, 164(1); S.I. 2016/321, regs. 5, 6(a) (with Sch. para. 5)

Modifications etc. (not altering text)
C2

Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))

C4C3853EF2Duty to notify trading status of shares

1

This section applies where a company having a share capital makes a confirmation statement.

2

The company must deliver to the registrar a statement dealing with the matters mentioned in subsection (4) at the same time as it delivers the confirmation statement.

3

Subsection (2) does not apply if and to the extent that the last statement delivered to the registrar under this section applies equally to the confirmation period concerned.

4

The matters are—

a

whether any of the company's shares were, at any time during the confirmation period concerned, shares admitted to trading on a relevant market or on any other market which is outside the United Kingdom, and

b

if so, whether both of the conditions mentioned in subsection (5) were satisfied throughout the confirmation period concerned.

5

The conditions are that—

a

there were shares of the company which were shares admitted to trading on a relevant market;

b

the company was a DTR5 issuer.

6

In this Part—

  • “DTR5 issuer” means an issuer to which Chapter 5 of the Disclosure Rules and Transparency Rules sourcebook made by the Financial Conduct Authority (as amended or replaced from time to time) applies;

  • F3“relevant market” means—

    1. a

      a recognised investment exchange, as defined in section 285(1)(a) (exemption for recognised exemption exchanges and clearance houses) of the Financial Services and Markets Act 2000 (“the Act”); and

    2. b

      any other market which is a F1UK regulated market or an EU regulated market,

    but not an overseas investment exchange, as defined by section 313 (interpretation of Part 18) of the Act.