PR 5.1 Validity of prospectus

1A prospectus is valid for 12 months after its approval2 for an offer or an admission to trading, provided that the prospectus is updated by a supplementary prospectus (if required) under section 87G of the Act. [Note: article 9.1 PD]

For an offering programme, the base prospectus is valid for a period of up to 12 months after it is filed. [Note: article 9.2 PD]

For non-equity transferable securities referred to in PR 2.2.7 R (2), the prospectus is valid until no more of the transferable securities concerned are issued in a continuous or repeated manner. [Note: article 9.3 PD]

A registration document is valid for a period of up to 12 months after it is filed and approved,2 provided that it has been updated in accordance with PR 2.2.5 R and PR 3.4.2 R2. [Note: article 9.4 PD]