[90 Compensation for statements in listing particulars or prospectus]

[Compensation for false or misleading statements etc]

[90  Compensation for statements in listing particulars or prospectus]

(1)     Any person responsible for listing particulars is liable to pay compensation to a person who has—

(a)     acquired securities to which the particulars apply; and

(b)     suffered loss in respect of them as a result of—

(i)     any untrue or misleading statement in the particulars; or

(ii)     the omission from the particulars of any matter required to be included by section 80 or 81.

(2)     Subsection (1) is subject to exemptions provided by Schedule 10.

(3)     If listing particulars are required to include information about the absence of a particular matter, the omission from the particulars of that information is to be treated as a statement

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