https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Legal Briefs / Other Briefs RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Embed Video

New secondary Listing Requirements for the JSE

New secondary Listing Requirements for the JSE

14th October 2014

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

In August 2014, the Johannesburg Stock Exchange (JSE) announced amendments to its Listing Requirements. The amendments came into force on 1 October 2014. One of the key amendments to the Listing Requirements is the introduction of a fast-track secondary listing procedure for companies with a primary listing on accredited exchanges wishing to list on the JSE’s Main Board or on the AltX.

Companies with a primary listing on the ASX, the LSE, the TSX, and the NYSE and NYSE Euronext qualify for the fast-track procedure. The qualifying companies must have been listed on the accredited exchange for at least 18 months.

Advertisement

In terms of the fast-track listing procedure, qualifying companies will no longer be required to produce a pre-listing statement. Instead, a pre-listing announcement disclosing among others, the company’s prospects, market capitalization, number and class of securities in respect of the listing will now be required. The fast-track listing process is expected to expedite the secondary listing process in South Africa.

Written by Nicola Jackson and Isaac Munyuki, Fasken Martineau

Advertisement

Disclaimer: All information and opinions contained in this publication are for general information purposes only and do not constitute legal or any other type of professional advice. The content of this publication is not intended to be a substitute for specific advice prepared on the basis of an understanding of specific facts. Any reliance on this information is at your own risk.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now