JSE LIMITED - Public consultation process on proposed amendments to JSE Listings Requirements in relation to the creation of a new

Public consultation process on proposed amendments to JSE Listings Requirements in relation to the creation of a new

GEN – General – Public consultation process on proposed amendments to JSE
Listings Requirements in relation to the creation of a new type of listed
company.

It is proposed that additional requirements be included in the JSE Listings
Requirements as to make provision for the listing of Special Purpose Acquisition
Companies (“SPAC”). These SPAC requirements allow companies to list with only
cash on their balance sheet on the tenet that the company would acquire assets
which would make it viable for a normal main Board or AltX listing thereafter.

The public consultation document with the proposed amendments to the JSE
Listings Requirements is available on the JSE’s website (www.jse.co.za Route:
How to List/Listings Requirements/see under New Items) and interested parties
are invited to submit their comments by no later than Friday, 22 February 2013.
Comments can be submitted electronically to alwynf@jse.co.za.

17 January 2013

Date: 17/01/2013 10:55:00 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
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
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,
 information disseminated through SENS.