Section 853E | Duty to notify trading status of shares ^F1

(1)This section applies where a company having a share capital makes a confirmation statement.^F1

(2)The company must deliver to the registrar a statement dealing with the matters mentioned in subsection (4) at the same time as it delivers the confirmation statement.^F1

(3)Subsection (2) does not apply if and to the extent that the last statement delivered to the registrar under this section applies equally to the confirmation period concerned.^F1

(4)The matters are—^F1

(a)whether any of the company's shares were, at any time during the confirmation period concerned, shares admitted to trading on a relevant market or on any other market which is outside the United Kingdom, and^F1

(b)if so, whether both of the conditions mentioned in subsection (5) were satisfied throughout the confirmation period concerned.^F1

(5)The conditions are that—^F1

(a)there were shares of the company which were shares admitted to trading on a relevant market;^F1

(b)the company was a DTR5 issuer.^F1

(6)In this Part—^F1F2F3

“DTR5 issuer” means an issuer to which Chapter 5 of the Disclosure Rules and Transparency Rules sourcebook made by the Financial Conduct Authority (as amended or replaced from time to time) applies;

“relevant market” means—but not an overseas investment exchange, as defined by section 313 (interpretation of Part 18) of the Act.

a recognised investment exchange, as defined in section 285(1)(a) (exemption for recognised exemption exchanges and clearance houses) of the Financial Services and Markets Act 2000 (“the Act”); and

any other market which is a UK regulated market or an EU regulated market,