Section 58

For the purposes of section 56, “made public”, in relation to information, shall be construed in accordance with the following provisions of this section; but those provisions are not exhaustive as to the meaning of that expression. Information is made public if— it is published in accordance with the rules of a regulated market for the purpose of informing investors and their professional advisers; it is contained in records which by virtue of any enactment are open to inspection by the public; it can be readily acquired by those likely to deal in any securities— to which the information relates, or of an issuer to which the information relates; or it is derived from information which has been made public. Information may be treated as made public even though— it can be acquired only by persons exercising diligence or expertise; it is communicated to a section of the public and not to the public at large; it can be acquired only by observation; it is communicated only on payment of a fee; or it is published only outside the United Kingdom.

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Source: legislation.gov.uk · retrieved 2026-09-04