The provisions of this sub-section apply to SICAFs whose shares are admitted to trading on a regulated market for financial instruments referred to in Article L. 421-1 or on a multilateral trading facility referred to in Article L. 424-1.
Articles L. 22-10-62, the first paragraph of Article L. 225-210 and Articles L. 225-211 and L. 22-10-64 of the French Commercial Code do not apply to SICAFs covered by this sub-paragraph. A SICAF covered by this sub-paragraph is authorised to buy back its shares, without obtaining the authorisation of the General Meeting, up to a limit of 10% of its capital per year. However, this limit is increased to 25%…
When the units or shares of a closed-end investment fund established under foreign law are admitted to trading on a financial instruments market referred to in Article L. 421-1 or a multilateral trading facility referred to in Article L. 424-1, the units or shares of a closed-end investment fund established under foreign law are admitted to trading, the market undertaking or system operator shall verify that the fund is subject…
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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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