The newly added items concern the format of the individual summary for several
securities and the applicable registration document schedule where a listed issuer
proposes to issue convertible or exchangeable debt securities where the underlying
securities are the issuer’s shares.
The purpose of the Q&A document is to promote common supervisory approaches
and practices in the application of the Prospectus Directive (PD) and its implementing
measures. This is achieved by providing responses to questions received by the
general public and competent authorities in relation to the practical application
of the PD.
The Q&A is aimed at competent authorities who carry supervisory responsibility
under the PD and aims at ensuring convergence in supervisory activities across
the EU.
Further information: http://www.esma.europa.eu/content/QA-Prospectus-21st-version