Draft legislation implementing Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market and repealing Directive 2003/71/EC (the “Prospectus Regulation”) was adopted by the Belgian Parliament on 5 July 2018 (the “New Prospectus Act”) and its publication is pending. The New Prospectus Act will repeal and replace the Act of 16 June 2006 on public offers and admission to trading on regulated markets of investment instruments.