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MOI for subsidiary companies of applicant issuers
General - Johannesburg Stock Exchange – Amendments to Schedule 10 of the JSE Listings
Requirements
MOI for subsidiary companies of applicant issuers
Bulletin 11 of 2012
The amendments in the above bulletin remove the requirement for the MOI of a subsidiary
company of an applicant issuer to comply with the provisions of Schedule 10 of the Listings
Requirements, save for the general undertaking to be complied with pursuant to paragraph
10.21 of Schedule 10. As a consequence, the MOI of a subsidiary company will no longer be
reviewed or approved by the JSE.
Although the specific disclosures in respect of the MOI of subsidiary companies will no
longer be required, it was always the intention that subsidiary companies which form part of
the group of the applicant issuer should be audited on an annual basis and as such the
provision has been maintained and included in Section 3 of the Listings Requirements.
The above amendments have resulted in further consequential amendments to the Listings
Requirements as it relates to the MOI of subsidiary companies.
The bulletin will be available on the JSE’s website: www.jse.co.za Route: How to
List/Listings Requirements/see under New Items)
The effective date of the aforesaid Listings Requirements will be 3 December 2012.
25 October 2012
Date: 25/10/2012 12:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
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indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
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