30 May 2022

Financial Markets Conduct (Haleon plc) Exemption Notice 2022

Name of Notice Financial Markets Conduct (Haleon plc) Exemption Notice 2022
Gazette Notification Date 2022-05-30
Date In Force 2022-05-30
LI Number n/a
SL Number
Act Financial Markets Conduct
Type
Expiry Date 2023-03-31

The Financial Markets Conduct (Haleon plc) Exemption Notice 2022 exempts GlaxoSmithKline plc (GSK) and Haleon plc (Haleon) from the obligations in Part 3 (Disclosure of offers of financial products) of the Financial Markets Conduct Act 2013. The exemption is in relation to a demerger to be effected by an indirect in-specie distribution of ordinary shares in Haleon to GSK shareholders, including shareholders in New Zealand. The exemption is subject to conditions that are similar to the class exemption known as the Financial Markets Conduct (Incidental Offers) Exemption Notice 2021 modified to reflect the transaction structure.