Companies Act 2014

1374

Application of section 225 to a traded company

1374. Section 225 shall apply to a traded company as if, in subsection (1):

(a) the following subparagraph were substituted for subparagraph (ii) of paragraph (a) of the definition of “relevant obligations”:

“(ii) a serious Market Abuse offence, a serious Prospectus offence or a serious Transparency offence;”;

and

(b) the following definition were inserted after the definition of “serious Prospectus offence”:

“ ‘serious Transparency offence’ means an offence referred to in section 1382;”.