For the purposes of this section, an issuer is a person or entity whose financial securities are admitted to trading on a regulated market or whose financial securities, whether admitted to trading or not, are represented by certificates admitted to trading on a regulated market.
I. – French issuers whose equity securities or debt securities with a nominal value of less than 1,000 euros and which are not money market instruments, within the meaning of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004, referred to above, with a maturity of less than twelve months, are admitted to trading on a regulated market of a State party to the Agreement…
The Autorité des marchés financiers shall ensure that issuers whose registered office is located outside France, which are not subject to the obligations defined in Article L. 451-1-2, and whose securities referred to in I and II of that Article are admitted to trading only on a French regulated market, publish regulated information within the meaning of Directive 2004/109/EC of the European Parliament and of the Council of 15 December…
The obligations set out in Article L. 451-1-2 do not apply to the following issuers: 1° The States party to the Agreement on the European Economic Area and their local authorities; 2° The European Central Bank and the central banks of the States mentioned in 1° ; 3° International public bodies of which one of the States mentioned in 1° is a member; 4° Issuers of debt securities unconditionally and…
Where the Autorité des marchés financiers is not the competent authority for monitoring compliance with the disclosure requirements laid down in Article L. 451-1-2 of this Code and Articles L. 233-7 to L. 233-9 of the Commercial Code, and where it establishes that the issuer or the person required to provide the information referred to in I of Article L. 233-7 of the Commercial Code has breached its disclosure requirements,…
The Legal and Administrative Information Directorate is responsible for the centralised storage of regulated information, as provided for in Article 21 of Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and amending Directive 2001/34/EC. The public may have access to this information…
The rules governing disclosure of material shareholdings are set out in Articles L. 233-7 to L. 233-14 of the French Commercial Code.
The information referred to in I of Article L. 233-7 of the Commercial Code is also provided when the issuer’s registered office is outside the European Economic Area and falls within the cases referred to in II of Article L. 451-1-2 of this Code. In such cases, Articles L. 233-7, II, IV, V and VII, and Articles L. 233-8, L. 233-9, L. 233-10, L. 233-10-1, L. 233-11 and L. 233-12…
I. – Any company whose shares are admitted to trading on a regulated market or a multilateral trading facility subject to the provisions of II of Article L. 433-3 that wishes to buy back its own equity securities shall declare the transactions it intends to carry out to the Autorité des marchés financiers. This obligation is deemed to have been fulfilled when the company has informed the market pursuant to…
Pursuant to the second paragraph of Article 18(6) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/ EC of the European Parliament and of the Council and Commission Directives 2003/124/ EC, 2003/125/ EC and 2004/72/ EC, as amended by Regulation (EU) 2019/2115 of the European Parliament and of the Council of 27…
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75001, Paris France
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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