DTR 4.3 Interim management statements

Subject to the exemptions set out in DTR 4.4 (Exemptions) this section applies to an issuer:

1. (1)

   whose shares are admitted to trading; and

2. (2)

   whose Home State is the United Kingdom.

An issuer must make public a statement by its management during the first six-month period of the financial year and another statement by its management during the second six month period of the financial year.

[Note: article 6(1) of the TD]

The statement required by DTR 4.3.2 R must be made in a period between ten weeks after the beginning, and six weeks before, the end of the relevant six-month period.

[Note: article 6(1) of the TD]

The interim management statement must contain information that covers the period between the beginning of the relevant six-month period and the date of publication of the statement.

[Note: article 6(1) of the TD]

The interim management statement must provide:

1. (1)

   an explanation of material events and transactions that have taken place during the relevant period and their impact on the financial position of the issuer and its controlled undertakings, and

2. (2)

   a general description of the financial position and performance of the issuer and its controlled undertakings during the relevant period.

[Note: article 6(1) of the TD]

An issuer which publishes quarterly financial reports:

1. (1)

   in accordance with national legislation; or

2. (2)

   in accordance with the rules of the regulated market; or

3. (3)

   of its own initiative,

will be taken as satisfying the requirement to make public the statements required by DTR 4.3.2 R.

[Note: article 6(2) of the TD]