Chapter 4: Public Offerings of Company Securities
Part None: None
s111: Conditional allotment if prospectus states securities to be listed
- (1) A prospectus containing a statement to the effect that application has been or will be made for permission for the securities offered thereby to be listed on an exchange must not be issued unless:
- (a) an application has in fact been made in accordance with the requirements of the relevant exchange on or before the date of issue of that prospectus; and
- (b) the prospectus names the particular exchange to which the application has been made.
- (2) Any allotment of securities in pursuance of a prospectus referred to in subsection (1) is subject to the condition that:
- (a) the application contemplated in subsection (1)(a) is granted; or
- (b) an appeal against a refusal of such an application is upheld.
Related Sections
No related sections.
Related Regulations
R46: Forms relating to securities offerings
R47: Interpretation
R48: Application
R52: Signing, date and date of issue, of prospectus
R53: Access to supporting documents
R54: General statement of required information
R55: Specific matters to be addressed in a prospectus for a limited offer
R56: Specific matters to be addressed in a prospectus for a general offer
R57: Name, address and incorporation
R58: Directors, other office holders, or material third parties
R59: History, state or affairs and prospects or company
R60: Share capital of the company
R61: Options or preferential rights in respect of shares
R62: Commissions paid or payable in respect of underwriting
R63: Material contracts
R64: Interest of directors and promoters
R65: Loans
R66: Shares issued or to be issued otherwise than for cash
R67: Property acquired or to be acquired
R68: Amounts paid or payable to promoters
R69: Preliminary expenses and issue expenses
R70: Purpose of the offer
R71: Time and date of the opening and of the closing of the offer
R72: Particulars of the offer
R73: Minimum subscription
R74: Statement as to adequacy of capital
R75: Report by directors as to material changes
R76: Statement as to listing on stock exchange
R77: Report by auditor where business undertaking to be acquired
R78: Report by auditor where company will acquire a subsidiary
R79: Report by auditor of company
R80: Requirements for prospectus of mining company
Related Notes
No related note.
Related Forms
CoR46.1: Documents in relation to Employee Share Schemes
CoR46.2: Annual certificate required relating to Employee Shares Schemes
CoR46.3: Application to Commission to exclude categories of persons from rights offer
CoR46.4: Application to commission to register prospectus
CoR46.5: Registration Certificate of Prospectus
CoR46.6: Application to permit information to be excluded from prospectus