Where a public offer concerning transferable securities giving a right to participate in company capital, either immediately or at the end of a maturity period, is made in one or more Member States other than that in which the registered office of the issuer of the shares to which those securities give entitlement is situated, while that issuer's shares have already been admitted to official listing in that Member State, the competent authorities of the Member State of the offer may act only after having consulted the competent authorities of the Member State in which the registered office of the issuer of the shares in question is situated in cases where the public offer prospectus is scrutinized.
Kadar gre za javno ponudbo prenosljivih vrednostnih papirjev, ki dajejo pravico do udeležbe pri kapitalu družbe, bodisi takoj bodisi ob zapadlosti, v eni ali več državah članicah, razen v tisti, v kateri je registrirani sedež izdajatelja delnic, za katere veljajo upravičenja iz teh vrednostnih papirjev, medtem ko so delnice tega izdajatelja že sprejete v uradno kotacijo v tej državi članici, smejo pristojni organi države članice, v kateri poteka ponudba, ukrepati šele potem, ko so se posvetovali s pristojnimi organi države članice, v kateri je registrirani sedež izdajatelja zadevnih delnic, kadar se prospekt o javni ponudbi pregleduje.