Article 212-38-4 into force since
- Version into force since
I. - The prospectus includes a summary note.
II. - The summary note shall present, in a concise manner and in non-technical language, the key information which, together with the prospectus, provides adequate information on the essential characteristics of the shares and mutual company certificates concerned, in order to help investors considering investing in the said securities. It shall be drawn up in a standard form complying with an AMF instruction in order to make it easier to compare summaries relating to similar financial securities.
III. - The summary note shall also contain a warning stating:
That it should be read as an introduction to the prospectus;
That any decision to invest in the shares and mutual company certificates offered to the public should be based on an exhaustive examination of the prospectus;
That where a claim relating to the information contained in a prospectus is brought before a court, the plaintiff investor might, under the national legislation of the Member States of the European Union or parties to the European Economic Area, have to bear the costs of translating the prospectus before the legal proceedings are initiated;
That civil liability attaches to the persons who presented the summary note only if the summary note is misleading, inaccurate or inconsistent when read with other parts of the prospectus or if it does not provide, when read together with the other parts of the prospectus, the essential information to help investors considering investing in the said securities.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02