Amendments to Delegated Regulation (EU) 2019/979
Article 1
Open ↗Delegated Regulation (EU) 2019/979 is amended as follows: (1) Article 18(1) is amended as follows: (a) in point (a), points (i) and (ii) are replaced by the following: ‘(i) an issuer where a prospectus relates to shares or other transferrable securities equivalent to shares; (ii) an issuer of the underlying shares or other transferable securities equivalent to shares in case of securities referred to in Articles 19(2) or 20(2) of Delegated Regulation (EU) 2019/980;’; (b) in point (d), points (i) and (ii) are replaced by the following: ‘(i) an issuer where a prospectus relates to shares or other transferrable securities equivalent to shares; (ii) an issuer of the underlying shares or other transferable securities equivalent to shares where a prospectus relates to securities referred to in Articles 19(2) or 20(2) of Delegated Regulation (EU) 2019/980;’; (c) point (e) is replaced by the following: ‘(e) third parties make a new takeover bid as defined in Article 2(1)(a) of Directive 2004/25/EC of the European Parliament and of the Council ( *1 ) or the result of any takeover bid becomes available in respect of any of the following: (i) the equity of the issuer where a prospectus relates to shares or other transferrable securities equivalent to shares; (ii) the equity of the issuer of the underlying shares or other transferable securities equivalent to shares where a prospectus relates to the securities referred to in Articles 19(2) or 20(2) of Delegated Regulation (EU) 2019/980; (iii) the equity of the issuer of the underlying shares of depository receipts where a prospectus is drawn up in accordance with Articles 6 and 14 of Delegated Regulation (EC) 2019/980; ( *1 ) Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids ( OJ L 142, 30.4.2004, p. 12 ).’;" (d) in point (f), points (i) and (ii) are replaced by the following: ‘(i) shares or other transferrable securities equivalent to shares; (ii) securities as referred to in Article 19(2) of Delegated Regulation (EU) 2019/980;’; (e) point (h) is replaced by the following: ‘(h) in the case of a prospectus relating to shares or other transferrable securities equivalent to shares or to the securities referred to in Articles 19(2) or 20(2) of Delegated Regulation (EU) 2019/980, a new significant financial commitment is likely to give rise to a significant gross change as defined in Article 1, point (e), of that Delegated Regulation;’; (2) the following Article 22a is inserted: ‘Article 22a Summaries of prospectuses approved between 21 July 2019 and 16 September 2020 for non-financial entities issuing equity securities Summaries of prospectuses that contain information as referred to in Table 3 of Annex I and that have been approved between 21 July 2019 and 16 September 2020 shall continue to be valid until the end of the validity of those prospectuses.’; (3) Annex I is amended in accordance with Annex 1 to this Regulation; (4) Annex VII is amended in accordance with Annex 2 to this Regulation.