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art_1__point_1__point_a__point_i__text_2

‘(h) securities included in an offer where the total consideration for the offer in the Union is less than EUR 5000000, which shall be calculated over a period of 12 months;’;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.