Prospectus for the Public Offering of Securities in Europe

By: Vagn Thorup, Dirk Van Gerven, Elke Janssens, Petr Kasik, Vlastimil Pihera, Raino Paron, Monika Koolmeister, Vassiliki Lazarakou, George Georgiou, Jacques de Servigny, Dace Silava-Tomsone, Toms Sulmanis, Aigars Gozitis, Irmantas Norkus, Eva Suduiko, Josee Weydert, Franck-Olivier Cera, Jan Paul Franx, Danuta Pajewska, Jakub Pietruszka, Jose Alves Do Carmo, Jose Miguel Oliveira, Arifo Amada, Michaela Jurková, Nigel Boardman, Penny Radcliffe, Michaela Angelides, Solveig Fagerheim Bugge, Sverre Tyrhaug


The Prospectus Directive of 4 November 2003 sets the rules on the publication of a prospectus in the event that securities are offered to the public or admitted to trading on a stock exchange in the European Union. These rules apply in all 30 member states of the European Economic Area. Since member states decide to a large extent how to implement the Directive in their law, the rules in the different member states will differ substantially. It is therefore important not only to have an understanding of the rules laid down in the Directive but also to obtain knowledge of the rules applicable in the different states. As an English book it provides an understanding for non-Europeans of the rules applicable on the publication of a prospectus. A comprehensive table of contents, text of the European Directive and a list of national implementing laws are also included.

• Quick understanding of the rules applicable in each of the countries
• Global overview of rules applicable throughout the European Economic Area
• Useful tool for the legal language relating to publication of a prospectus