Translation of "leur valeur nominale " (French → English) :

By way of derogation from paragraphs 1 to 4, where securities whose denomination per unit amounts to at least EUR 100 000 or, in the case of debt securities denominated in a currency other than euro equivalent to at least EUR 100 000 at the date of the issue, are admitted to trading on a regulated market in one or more Member States, regulated information shall be disclosed to the public either in a language accepted by the competent authorities of the home and host Member States or in a language customary in the sphere of international finance, at the ch ...[+++]oice of the issuer or of the person who, without the issuer’s consent, has requested such admission.

1. The competent authorities of a Member State shall, in accordance with Articles 15 to 17, register every third-country auditor and audit entity that provides an audit report concerning the annual or consolidated accounts of a company incorporated outwith the Community whose transferable securities are admitted to trading on a regulated market of that Member State within the meaning of point 14 of Article 4(1) of Directive 2004/39/EC, except when the company is an issuer exclusively of debt securities admitted to trading on a regulated market in a Member State within the meaning of Article 2(1)(b) of Directive 2004/109/EC , the denomination per unit of which is at least EUR 50 000 or, in case of debt securities ...[+++]denominated in another currency, equivalent, at the date of issue, to at least EUR 50 000.

As regards the question of the definition of the home Member State for EU issuers of securities, the Council agreed that for bonds with a denomination below 5 000 euros and for equity, the home Member State is where the issuer is located; for bonds with a higher denomination and for a number of other instruments of a non-equity nature, the issuer may choose as its home Member State either the Member State where the issuer is located or the Member State where the securities are admitted to trading or offered to the public.

the introduction of special EU rules for securities with an high minimum denomination (€ 50 000), which are designed to be traded by professionals.

disclosure standards based on international standards (IOSCO) with schedules adapted depending on the nature of the issuer and the type of securities involved, for example: equity securities such as shares, non-equity securities such as bonds, derivatives securities such as covered warrants, securities with a high minimum denomination and mortgage bonds;

From the information supplied the Commission learnt that in December 1998 the Beaulieu group had settled a debt of BEF 113 712 000 owed to the Walloon Region by transferring 9 704 shares in Holding Verlipack II, the nominal value of which was BEF 100 000 000, but the real value of which must have been significantly lower, given the assets position of the company at the time.