SECTION 94

Any publicityor other types of promotional material relating to the offer of securities to the public or to the admission to trading ona stock exchangeof a State party shall comply withthe principles set out below. These principles shall only apply in cases where the issuer or the offeror requesting admission is required todraftadisclosure document. Publicity or promotional materials relating to the operation shall mention the existence of the approved disclosure document and indicate ways to get it. They shall be clearly recognizable as such and the information they contain may not be inaccurate or confusing. These publicities or promotional materialsshall also be consistent with the information contained in the disclosure document, ifit has already been published or with the information to be included, if it is to be published at a later date. Any information provided orally or in writing pertaining to a public offering or the admission to trading on a stock exchange of a State party, even if it is not for publicity purposes, shall be consistent with the information provided in the disclosure document. When no disclosure document is required pursuant to this uniform Act, the important information provided by an issuer or an offeror, and addressed to qualified investors or special P. 35 of 267 categories of investors, including documents distributed for meetings relating to offers of securities, shall be communicated to all qualified investors or special categories of investors for whom the offer is exclusively intended. P. 36 of 267