[102B Meaning of “offer of transferable securities to the public” etc]
[102B Meaning of “offer of transferable securities to the public” etc]

[(1)     For the purposes of this Part there is an offer of transferable securities to the public if there is a communication to any person which presents sufficient information on—

(a)     the transferable securities to be offered, and

(b)     the terms on which they are offered,

to enable an investor to decide to buy or subscribe for the securities in question.

(2)     For the purposes of this Part, to the extent that an offer of transferable securities is made to a person in the United Kingdom it is an offer of transferable securities to the public in the United Kingdom.

(3)     The

72 . . .
73 . . .
83 . . .
89 . . .
95 . . .
98 . . .
99 . . .
100 . . .
102 . . .

Popular documents