- annual accounts
has the same meaning as in Part VII of the Companies Act 1985;
- approved exchange
means, in relation to dealings in securities, a recognised investment exchange approved by the Treasury for the purposes of the Public Offers of Securities Regulations 1995 either generally or in relation to such dealings;”
- authorised person
means a person authorised under Chapter III of Part I of the Act and “recognised professional body” and “recognised self-regulating organisation” have the meanings given in section 207(1) of the Act.
- competent authority
includes a body designated by a member State pursuant to Article 12 of Council Directive No. 89/298/EEC;
- control
means the ability, in practice, to determine the actions of the issuer;
- credit institution
has the same meaning as it has for the purposes of paragraph 3 of Schedule 11A to the Act;
- debentures
means securities falling within paragraph 2 of Schedule 1 to the Act;
- ecu
has the same meaning as it has for the purposes of paragraph 3 of Schedule 11A to the Act;
- Euro-securities
has the same meaning as it has for the purposes of paragraph 3 of Schedule 11A to the Act;
- European document
means— including in each case any supplement to listing particulars or a prospectus which, before the completion of the preparation of the recognised document for submission to the UK authority pursuant to an application for listing, has been approved pursuant to Article 23 of Council Directive No. 80/390/EEC or Article 18 of Council Directive No. 89/298/EEC by the competent authorities which approved the listing particulars or prospectus.
- European institution
has the same meaning as in the Banking Coordination (Second Council Directive) Regulations 1992;
- expert
includes any engineer, valuer, accountant or other person whose profession, qualifications or experience give authority to a statement made by him;
- financial institution
has the same meaning as it has for the purposes of paragraph 3 of Schedule 11A to the Act;
- financial year
has the same meaning as in Part VII of the Companies Act 1985;
- group
has the meaning given in section 207 (1) of the Act;
- group accounts
has the same meaning as in Part VII of the Companies Act 1985;
- holders of shares
means the person who, at the close of business on a date specified in the offer and falling within the period of 28 days ending with the date on which the offer is first made, where holders of such shares.
- home-regulated investment business
has the same meaning as in the Banking Coordination (Second Council Directive) Regulations 1992;
- joint control
means control exercised by two or more persons who have an agreement or understanding (whether formal or informal) which may lead to their adopting a common policy in respect of the issuer;
- member State
means a State which is a Contracting Party to the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 as adjusted by the Protocol signed at Brussels on 17th March 1993;
- private company
has the meaning given in section 1(3) of the Companies Act 1985;
- recognised European document
means a document consisting of a European document submitted to the UK authority pursuant to an application for listing under section 143 of the Act and, if information is required to be added to it in accordance with listing rules, including that information.
- recognised investment exchange
has the meaning given in section 207(1) of the Act;
- recognised prospectus
means a prospectus which has been approved in accordance with Article 20 of Council Directive No. 89/298/EEC in another member State and satisfies the requirements of paragraphs (a) to (c) of paragraph 8(1);
- relevant sub-paragraph
means any of sub-paragraphs (a) to (g), (k) to (n), (p), (q) and (t) of paragraph (2).
- sale
includes any disposal for valuable consideration.
- securities
means investments to which Part II of these Regulations applies;
- significant
means significant for the purpose of making an informed assessment of the matters mentioned in regulation 9(1)(a) and (b).
- State of affairs
means the state of affairs of an undertaking, in relation to its balance sheet, at the end of a financial year;
- takeover offer
means— but in determining for the purposes of sub-paragraph (b) whether an offer is made to all the holders of shares, or of shares of any class, the offeror, any associate of his (within the meaning of section 430E of that Act) and any person whose shares the offeror or any such associate has contracted to acquire shall not be regarded as holders of the shares.
- the Act
means the Financial Services Act 1986;
- the UK authority
means the competent authority for the purposes of Part IV of the Act.
- undertaking
has the same meaning as in Part VII of the Companies Act 1985.