+Člen 48
---+Article 48 1.
---+Article 48 2.
---+Article 48 3.
---+Article 48 4.
---+Article 48 5.

Člen 48

Člen 48

1.  Zadostno število delnic mora biti prodano javnosti v eni ali več državah članicah najpozneje do sprejema.

2.  Pogoj iz odstavka 1 se ne uporablja, kadar se delnice prodajo javnosti prek borze. V tem primeru se sprejem v uradno kotacijo odobri le, če so pristojni organi prepričani, da bo zadostno število delnic prodano prek borze v kratkem času.

3.  Kadar se namerava vložiti zahteva za sprejem v uradno kotacijo dodatnega svežnja delnic istega razreda, smejo pristojni organi oceniti, ali je bilo javnosti prodano zadostno število delnic glede na vse izdane delnice in ne samo glede na ta dodatni sveženj.

4.  Z odstopanjem od odstavka 1 smejo pristojni organi, če so delnice sprejete v uradno kotacijo v eni ali več državah nečlanicah, omogočiti njihov sprejem v uradno kotacijo, če je zadostno število delnic prodano javnosti v državi nečlanici ali državah nečlanicah, v katerih te delnice kotirajo.

5.  Zadostno število delnic se pojmuje kot prodano, bodisi kadar so delnice, za katere se je vložila zahteva za sprejem, v rokah javnosti v višini najmanj 25 % vpisanega kapitala, ki ga pomeni razred teh delnic, bodisi kadar bo zaradi velikega števila delnic istega razreda in obsega njihove prodaje javnosti trg pravilno deloval z nižjim odstotkom.

1. Pregled

,
Article 48 1.
A sufficient number of shares must be distributed to the public in one or more Member States not later than the time of admission.
Article 48 2.
The condition set out in paragraph 1 shall not apply where shares are to be distributed to the public through the stock exchange. In that event, admission to official listing may be granted only if the competent authorities are satisfied that a sufficient number of shares will be distributed through the stock exchange within a short period.
Article 48 3.
Where admission to official listing is sought for a further block of shares of the same class, the competent authorities may assess whether a sufficient number of shares has been distributed to the public in relation to all the shares issued and not only in relation to this further block.
Article 48 4.
By way of derogation from paragraph 1, if the shares are admitted to official listing in one or more non-member countries, the competent authorities may provide for their admission to official listing if a sufficient number of shares is distributed to the public in the non-Member State or States where they are listed.
Article 48 5.
A sufficient number of shares shall be deemed to have been distributed either when the shares in respect of which application for admission has been made are in the hands of the public to the extent of a least 25 % of the subscribed capital represented by the class of shares concerned or when, in view of the large number of shares of the same class and the extent of their distribution to the public, the market will operate properly with a lower percentage.

1.1 Sklici

1.2 Ugotovljene zahteve

1.3 Povezani standardi

2. Ugotovljene zahteve

Zahteve

3. Povezani standardi

Standardi
  • Builddate: 20.01.2007 00:00:00 -Doknr: CELEX:32001L0034
  • EULAW -

    EN: Legal acts of the European Union from EUR-Lex, https://eur-lex.europa.eu/. © European Union. Re-use is authorised by Decision 2011/833/EU, provided the source is acknowledged; the consolidated texts are licensed under CC BY 4.0 (EUR-Lex legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the legislation published in the Official Journal of the European Union is deemed authentic.

    DE: Rechtsakte der Europäischen Union aus EUR-Lex, https://eur-lex.europa.eu/. © Europäische Union. Weiterverwendung nach Beschluss 2011/833/EU mit Quellenangabe gestattet; die konsolidierten Fassungen stehen unter CC BY 4.0 (Rechtlicher Hinweis von EUR-Lex). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Verbindlich sind allein die im Amtsblatt der Europäischen Union veröffentlichten Rechtsakte.