LAW on the Public Offering of Securities

Publ., State Gazette, No. 114 of 30.12.1999, in force from 31.01.2000, amended, No. 63 of 1.08.2000, No. 92 of 10.11.2000, in force from 1.01.2001, No. 28 of 19.03.2002, amended and supplemented, No. 61 of 21.06.2002, amended, No. 93 of 1.10.2002, No. 101 of 29.10.2002, in force from 1.01.2003, No. 8 of 28.01.2003, in force from 01.03.2003, supplemented, No. 31 of 4.04.2003, in force from 4.04.2003, amended, No. 67 of 29.07.2003, supplemented, No. 71 of 12.08.2003, amended, No. 37 of 4.05.2004, in force from 4.08.2004, supplemented, No. 19 of 1.03.2005, No. 31 of 8.04.2005, in force from 8.10.2005, amended and supplemented, No. 39 of 10.05.2005, amended, No. 103 of 23.12.2005, in force from 1.01.2006, No. 105 of 29.12.2005, in force from 1.01.2006, No. 30 of 11.04.2006, in force from 12.07.2006, No. 33 of 21.04.2006, amended and supplemented, No. 34 of 25.04.2006, in force from 01.01.2008, No. 59 of 21.07.2006, in force from the day of entry into force of the Treaty of Accession of the Republic of Bulgaria to the European Union, No. 63 of 4.08.2006, in force from 4.08.2006; amended, No. 84 of 17.10.2006, in force from 01.01.2007; amended and supplemented, No. 86 of 24.10.2006, in force from 01.01.2007; amended, No. 105 of 22.12.2006; in force from 01.01.2007; amended and supplemented, No. 25 of 23.03.2007; amended and supplemented, No. 52 of 29.06.2007, in force from 01.11.2007; amended, No. 109 of 2007, in force from 01.01.2008; amended, No. 67 of 29.07.2008; amended, No. 69 of 05.08.2008; amended and supplemented, No. 23 of 27.03.2009, in force from 27.03.2009; amended, No. 24 of 31.03.2009, in force from 31.03.2009; supplemented, No. 42 of 05.06.2009; amended, No. 93 of 24.11.2009, in force from 25.12.2009; amended and supplemented, No. 43 of 08.06.2010; amended, No. 101 of 28.12.2010, in force from 30.06.2011; amended and supplemented, No. 57 of 26.07.2011; amended and supplemented, No. 77 of 04.10.2011; amended and supplemented, No. 21 of 13.03.2012; amended, No. 94 of 30.11.2012, in force from 01.01.2013; amended and supplemented, No. 103 of 28.12.2012; amended and supplemented, No. 109 of 20.12.2013, in force from 20.12.2013; amended and supplemented, No. 34 of 12.05.2015; amended, No. 61 of 11.08.2015; amended and supplemented, No. 62 of 14.08.2015, in force from 14.08.2015; amended, No. 95 of 08.12.2015, in force from 01.01.2016; amended, No. 102 of 29.12.2015, in force from 01.01.2016; amended, No. 33 of 26.04.2016, in force from 26.04.2016; amended and supplemented, No. 42 of 03.06.2016; supplemented, No. 62 of 09.08.2016, in force from 09.08.2016; amended, No. 76 of 30.09.2016, in force from 30.09.2016; amended and supplemented, No. 62 of 01.08.2017; supplemented, No. 91 of 14.11.2017; amended and supplemented, No. 95 of 28.11.2017, in force from 01.01.2018; amended, No. 7 of 19.01.2018; amended and supplemented, No. 15 of 16.02.2018, in force from 16.02.2018; amended, No. 20 of 06.03.2018, in force from 06.03.2018; amended, No. 24 of
16.03.2018; supplemented, No. 77 of 18.09.2018, in force from 01.01.2019; amended, No. 17 of 26.02.2019; amended and supplemented, No. 83 of 22.10.2019, in force from 24.04.2020; amended, No. 94 of 29.11.2019; amended, No. 102 of 31.12.2019; amended and supplemented, No. 26 of 22.03.2020; amended, No. 28 of 24.03.2020, in force from 13.03.2020; amended, No. 34 of 09.04.2020, in force from 09.04.2020; affected by the Supplementary Amendment to the Health Act, No. 44 of 13.05.2020, in force from 14.05.2020; amended and supplemented, No. 64 of 18.07.2020, in force from 21.08.2020; amended, No. 12 of 12.02.2021, in force from 12.02.2021; amended and supplemented, No. 21 of 12.03.2021; amended and supplemented, No. 16 of 25.02.2022; amended, No. 25 of 29.03.2022, as the amendments with the Supplementary Amendment to the Law on Financial Intermediary Services and Activities enter into force from 29.03.2022, and the amendments with the Law on Crowdfunding enter into force from 08.07.2022; amended and supplemented, No. 51 of 01.07.2022; supplemented, No. 8 of 25.01.2023; supplemented, No. 65 of 28.07.2023; amended, No. 84 of 06.10.2023, in force from 06.10.2023; amended, No. 70 of 20.08.2024, in force from the date determined in a Decision of the Council of the European Union for the acceptance of the euro by the Republic of Bulgaria, adopted in accordance with Article 140, paragraph 2 of the TFEU, and a Regulation of the Council of the European Union, adopted in accordance with Article 140, paragraph 3 of the TFEU; amended and supplemented, No. 72 of 27.08.2024, in force from 06.07.2024; amended and supplemented, No. 54 of 04.07.2025; amended and supplemented, No. 67 of 15.08.2025; amended and supplemented, No. 99 of 21.11.2025; amended, No. 16 of 10.02.2026; amended and supplemented, No. 25 of 10.03.2026; amended, No. 51 of 05.06.2026, in force from 05.06.2026; amended, No. 62 of 07.07.2026, in force from 07.07.2026; amended and supplemented, No. 71 of 07.08.2026, in force from 07.08.2026; supplemented, No. 88 of 25.09.2026, in force from 25.09.2026