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Company Law

Analysis - guidance - compliance

11 AUG 2014

TIMMEL v AVISO ZETA AG (CASE C 359/12)

TIMMEL v AVISO ZETA AG (CASE C 359/12)
Court of Justice
R Silva de Lapuerta, President of the Chamber, J L da Cruz Vilaça (Rapporteur), G Arestis, J-C Bonichot and A Arabadjiev, Judges, Advocate General: E Sharpston, Registrar: A Impellizzeri, Administrator
15 May 2014

JUDGMENT:
[1] This request for a preliminary ruling concerns the interpretation of Article 14(2)(b) of Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC (OJ 2003 L 345, p. 64; ‘the Prospectus Directive’) and of Articles 22(2) and 29(1) of Commission Regulation (EC) No 809/2004 of 29 April 2004 implementing Directive 2003/71 as regards information contained in prospectuses as well as the format, incorporation by reference and publication of such prospectuses and dissemination of advertisements (OJ 2004 L 149, p. 1; ‘the Prospectus Regulation’).

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