For capital increases carried out within the limits of the authorized capital, the board of directors obviously is not required to submit a report to the general meeting beforehand. However, some reports must be prepared and made public.
The special reports that are prepared in connection with the use of the authorized capital must be made public and be uploaded to eCorporate.
Special reports prepared in connection with the use of the authorized capital are regulated information.
Specific disclosure and storage obligations apply to regulated information:
- Dissemination (or disclosure) – to be done using media and in a manner ensuring fast access to such information on a non-discriminatory basis to as wide a public as possible.
- Storage - regulated information is to be made available on:
- the issuer’s website.
- eCorporate. Regulated information uploaded to eCorporate is automatically recorded in STORI.
Those reports must be made public at the latest on the day of the capital increase.