CONSOB definition
Examples of CONSOB in a sentence
Accordingly, the offer may be extended into Italy only in circumstances which are exempted from the rules on public offerings pursuant to Article 100 of Legislative Decree No. 58 of February 24, 1998, as amended and Article 34-ter of CONSOB Regulation No. 11971 of May 14, 1999, as amended.
In accordance with Article 100-bis of the Financial Services Act, to the extent it is applicable, where no exemption from the rules on public offerings applies under (i) and (ii) above, the subsequent distribution of the Securities on the secondary market in Italy must be made in compliance with the public offer and the prospectus requirement rules provided under the Financial Services Act and CONSOB Regulation No. 11971.
The content of such reports will be prepared in all material respects in accordance with the rules and regulations applicable to such reports under Italian law and CONSOB regulations.
Accordingly, the Securities may not be offered, sold or delivered, directly or indirectly, and copies of the Preliminary Prospectus, the Base Prospectus or any other document relating to the Securities may not be distributed in Italy except to “qualified investors”(investitori qualificati), as defined in Article 34-ter, paragraph 1, letter b) of CONSOB Regulation no.
All material transaction between, on the one hand, FI or any of its subsidiaries (other than CNH and its subsidiaries) and, on the other hand, affiliates of FI (other than persons controlled by FI) that are required to be disclosed under Italian law and regulations, the FI Procedures for Transactions with Related Parties or IFRS have been duly disclosed in the FI CONSOB Documents.