Why did the letter sent to holders not inform them how to obtain a printed copy of the prospectus?
The requirement to make a prospectus publicly available is set out in PR 3.2.4R; it is not a Listing Rules’ requirement. Under PR 3.2.4R an issuer can use one of four specified methods to make a prospectus available to the public. These are: • insertion in one or more newspapers that are widely circulated in EEA States where the offer is being made or admission is being sought; or • in printed form made available, free of charge, at the registered office of the issuer and at the offices of the financial intermediaries placing or selling the securities; or • in electronic form on the issuer’s website and the website of the financial intermediaries placing or selling the securities; or • in electronic form on the website of the regulated market where admission to trading is sought.
