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On 4 December 2019, ESMA published its final report on the draft
Regulatory Technical Standards (RTS) amending
delegated Regulation EU 2019/979. The report contains RTS under the
new PR. Minor errors were amended in the draft RTS, such as
forgoing the requirement on issuers of securities convertible or
exchangeable into third party shares to publish a supplement to
their prospectus. The intention of Regulation EU 2019/979 was not
to increase legal requirements for issuers by requiring the
publishing of supplements. The final draft RTS also amend certain
clerical and typographical errors.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
