Article 5 Information on the persons that will direct the business of the target entity

Where the proposed acquirer intends to appoint one or more members of the management bodymeans the body or bodies of an issuer, offeror or person seeking admission to trading, or of a crypto-asset service provider, which are appointed in accordance with national law, which are empowered to set the entity’s strategy, objectives and overall direction, and which oversee and monitor management decision-making in the entity and include the persons who effectively direct the business of the entity; of the target entity, the notification shall contain all the information referred to in Article 7 of the Commission Delegated Regulation establishing regulatory technical standards adopted pursuant to Article 18(6) of Regulation (EU) 2023/1114.