Chapter I, Article 2, Point (d) · Regulation (EU) 2017/1129

Contents

(a) ‘securities’ means transferable securities as defined in p…
(b) ‘equity securities’ means shares and other transferable se…
(c) ‘non-equity securities’ means all securities that are not…
(d) ‘offer of securities to the public’ means a communication…
(da) ‘restructuring’ means restructuring as defined in Article…1 change
(db) ‘insolvency proceedings’ means insolvency proceedings as d…1 change
(e) ‘qualified investors’ means persons or entities that are l…
(f) ‘small and medium-sized enterprises’ or ‘SMEs’ means any o…
(g) ‘credit institution’ means a credit institution as defined…
(h) ‘issuer’ means a legal entity which issues or proposes to…
(i) ‘offeror’ means a legal entity or individual which offers…
(j) ‘regulated market’ means a regulated market as defined in…
(k) ‘advertisement’ means a communication with both of the fol…
(l) ‘regulated information’ means regulated information as def…
(m) ‘home Member State’ means:
(n) ‘host Member State’ means the Member State where an offer…
(o) ‘competent authority’ means the authority designated by ea…
(p) ‘collective investment undertaking other than the closed-e…
(q) ‘units of a collective investment undertaking’ means secur…
(r) ‘approval’ means the positive act at the outcome of the sc…1 change
(s) ‘base prospectus’ means a prospectus that complies with Ar…
(t) ‘working days’ means working days of the relevant competen…
(u) ‘multilateral trading facility’ or ‘MTF’ means a multilate…
(v) ‘organised trading facility’ or ‘OTF’ means an organised t…
(w) ‘SME growth market’ means an SME growth market as defined…
(x) ‘third country issuer’ means an issuer established in a th…
(y) ‘offer period’ means the period during which potential inv…
(z) ‘electronic format’ means an electronic format as defined…1 change

(d)‘offer of securities to the public’ means a communication to persons in any form and by any means, presenting sufficient information on the terms of the offer and the securities to be offered, so as to enable an investor to decide to purchase or subscribe for those securities. This definition also applies to the placing of securities through financial intermediaries;