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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Markets Rules (MKT) [VER15/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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  • MKT 2.9.1

    (1) If, during the currency of the ProspectusG :
    (a) there is a significant change in, or a material mistake or inaccuracy affecting, any matter contained in the ProspectusG ; or
    (b) a significant new matter arises,
    the PersonG making the Prospectus OfferG must produce a Supplementary ProspectusG in accordance with the requirements in this RuleG .
    (2) For the purpose of (1), 'significant' or 'material' means information which an investor would reasonably require for the purpose of making an informed assessment relating to the SecuritiesG to which the ProspectusG relates.
    (3) In the case of a Prospectus OfferG , the PersonG required to produce the Supplementary ProspectusG under (1) must:
    (a) make a clear statement that it is a Supplementary ProspectusG ;
    (b) comply with the requirements in section 2.6 relating to the approval of a Supplementary ProspectusG ; and
    (c) ensure that the Supplementary ProspectusG is available until the end of the Offer PeriodG :
    (i) in the same media and through the same channels as the original ProspectusG ; and
    (ii) to each offeree free of charge; and
    (d) provide the Supplementary ProspectusG without undue delay to each PersonG who has subscribed for or offered to purchase the SecuritiesG in reliance on the initial ProspectusG .
    (4) For the purposes of complying with (3), if the ProspectusG comprises a Registration StatementG and a Securities NoteG , the Supplementary ProspectusG must consist of an updated Registration StatementG and Securities NoteG .
    Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]

    • MKT 2.9.1 Guidance

      Particular care should be taken so that the financial information in a ProspectusG is not outdated. For example, in respect of the last year of audited financial information included in a ProspectusG , such information is required, under MKT Rule A1.1.1 (item 7.1) of App1, not to be older than 18 months from the date of the Registration StatementG where the IssuerG includes audited interim financial statements in the Registration StatementG and, not to be older than 15 months, if such interim financial statements are unaudited.

      Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]
      [Amended] DFSA RM120/2013 (Made 14th July 2013). [VER4/07-13]
      [Amended] DFSA RM212/2018 (Made 22nd February 2018). [VER11/04-18]