ESMA_QA_2742
Status: ✅ Answer Published
Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/2742
Regulatory Context
Regulation : PROSPECTUS
Level 1 Regulation: Prospectus Regulation 2017/1129
Level 2 Regulation: No information available
Level 3 Regulation: No information available
Topic: Public offer
Subject Matter: Prospectus QA exemption
Question
Submission Date: 19 December 2025
Do subscription rights fall under the exemptions in Article 1(5)(a) and (ba) of the Prospectus Regulation?
ESMA Answer
Answer Date: 19-12-2025
Yes, subscription rights fall under these exemptions provided they relate to shares which themselves qualify under these exemptions.
This document was automatically extracted from the ESMA EMIR Q&A database.