ESMA_QA_2521
                07/04/2025
          Subject Matter
              New exemptions for fungible securities in Prospectus Regulation.
          Original question
Does the exemption in Article 1(5)(ba) PR concern all exchange offers or only exchange offers falling within the scope of the Takeover Directive?
      Status: Forwarded to EC/Public Consultation/Other
      
Additional Information
Level 1 Regulation
              Prospectus Regulation 2017/1129
          Topic
              Initial Public Offer/IPO