ERSM50000 - Securities with Artificially Depressed Value

Contents

1. ERSM50010

   Introduction
2. ERSM50015

   Definitions
3. ERSM50020

   What is artificially depressed market value?
4. ERSM50030

   Examples
5. ERSM50100

   Charge on acquisition
6. ERSM50150

   Exclusions for certain company shares
7. ERSM50200

   Charge on restricted securities as from 7 May 2004
8. ERSM50250

   Charge on restricted securities from 16 April 2003 to 6 May 2004
9. ERSM50300

   Charge on pre-16 April 2003 conditional shares
10. ERSM50400

    Consideration for entitlement to convert
11. ERSM50410

    Charge on conversion
12. ERSM50500

    Adjustment of consideration or benefit received