This ADGM guidance document outlines the requirements for preparing a prospectus. It details when a prospectus is needed, the necessary content, acceptable formats, and the application process for approval. The guidance also covers exemptions from prospectus obligations and specific disclosure requirements for issuers.
Key requirements
- Prospectuses must include all information investors and their professional advisors would reasonably require to make an informed assessment of the rights attaching to the securities.
- Prospectuses must not contain misleading or deceptive statements or omissions.
- Issuers must submit required documents as part of the prospectus application process.
- Prospectuses must include a summary, a registration statement, and a securities note.
Applies to: Issuers of securities within the ADGM seeking to offer those securities to the public.