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- GR into force since 01/01/2024
- Article 233-5
General regulation of the AMF
Article 233-5 into force since
- Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/233-5/20091001/notes
Article 233-5
If the person making a simplified offer has been authorised to reserve the right to scale down the sale or exchange orders made in response to its offer, the scaling-down is done on a proportional basis, subject to any necessary adjustments.
Orders made in response to a buyback offer filed pursuant to Point 5° of Article 233-1 are scaled down in accordance with the provisions of the Commercial Code.
In such cases, the offeror may not trade in the securities concerned.
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Legal information:
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
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