RulesDisclaimer

Article 2.4.1

Appplications for admission to listing

1.    Without prejudice to the provisions of Article 2.4.7, applications, drawn up in conformity with the model contained in the Instructions, must be submitted to Borsa Italiana by the issuer after approval by resolution of the competent body, in the manner laid down in the Instructions.

 

2.    Borsa Italiana shall specify in the Instructions the documentation to be produced following submission of an applications.

 

3.    Applications must refer to all the financial instruments that are part of the same issue. The issuer must specify whether an analogous application has been submitted to another regulated market or will be submitted within twelve months.

 

4.    Applications must be signed by the legal representative of the issuer or a duly authorised person and submitted, jointly by the sponsor in the cases referred to in Article 2.3.1, paragraph 1(a) to the competent office of Borsa Italiana. Borsa Italiana shall notify the issuer and Consob that the application is complete when the documentation referred to in paragraph 2 is complete.

 

5.    Until the date of the start of trading, every announcement, notice, poster or document the issuer intends to make public concerning the application for admission and the features of the financial instruments that are the subject of the application must be communicated in advance to Borsa Italiana and mention the fact that the admission procedure is in progress.

 

6.    For the admission to listing of newly-issued financial instruments that are fungible with respect to those already listed and for newly-issued shares of the same class and with the same features, apart from dividend entitlement, as those already listed, the issuer shall inform Borsa Italiana in the manner and within the time limits specified in the Instructions so that the latter can take the necessary action.

 

7.       For financial instruments issued by Borsa Italiana, for the purposes of applications for admission to listing referred to in this article, references to Borsa Italiana shall be understood as referring to Consob and references to the issuer as referring to Borsa   Italiana.

 

 



Last update:  November 24 2008 - 14:53


   


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