• MKT 4.13 MKT 4.13 Miscellaneous

    • MKT 4.13.1

      The Regulator may require a Prospectus Offer to be underwritten by an underwriter acceptable to the Regulator.

    • MKT 4.13.2

      If one or more Directors of an Issuer are offering Shares they hold in the Issuer as part of a Prospectus Offer, an Issuer must ensure that the Prospectus contains a prominent statement of:

      (a) the identity of each Director offering his Shares; and
      (b) the number of Shares such a Director is offering, and the proportion of the Issuers Share capital represented by the holding of that Director.

    • MKT 4.13.3 MKT 4.13.3

      (1) The Regulator may, during the Offer Period or such other longer period as specified, impose a requirement that the monies held by a Person making a Prospectus Offer or his agent pursuant to the Prospectus Offer or issuance are held in an escrow account for a specified period and on specified terms.
      (2) The Regulator may also require the appointment of a paying agent during the Offer period.

      • Guidance

        See also Rule 9.4 which contains additional restrictions relating to dealings by Restricted Persons which may apply to executive Directors.