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General SENS Submitter Company - GEN General Amendments to the JSE Listings Requirements

Release Date: 25/04/2016 11:32
Code(s): GSSC     PDF:  
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GEN – General – Amendments to the JSE Listings Requirements

GEN – General - JSE Limited

(ISIN: ZAE 000079711 ALPHA CODE: JSE)

Amendments to the JSE Listings Requirements

The JSE has made amendments to Schedule 18 (Corporate Actions Timetable) of the JSE Listings
Requirements (the “Requirements”).

T+3

The "T+3" project, initiated by the JSE in 2013, aims to move the settlement cycle for equity
transactions from its current T+5 settlement cycle to a new shorter T+3 settlement cycle and is due to
go-live on 11 July 2016 subject to market readiness.

T+3 settlement refers to the number of businesss days that elapse from the day on which a
transaction takes place to the day on which the transaction must be settled.

The amendments to the T+3 settlement cycle will influence the corporate actions timetables and
therefore it was necessary to amend the following provisions in the Requirements:

      •   Definition of “settlement period”
      •   Definition of “record date or RD”
      •   Schedule 18 of the Requirements as it relates to the settlement period.

Pursuant to Board Notice 50 of 2016 as published in the Government Gazette, the effective date of
the amendments is 11 July 2016.

The marked-up amendments are available on the JSE’s website: www.jse.co.za Route: Companies &
Issuer Regulation/Issuer Regulation/Announcements regarding Listings Requirements). A bulletin to
the Requirements will be issued in due course.

25 April 2016

Date: 25/04/2016 11:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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