20.32 In the event that the contract between an issuer and its DA is terminated for whatever reason the These are the Securities and Exchange (Zimbabwe Stock Exchange Listings Requirements) (Amendment) rules 2019 and the Securities and Exchange (Zimbabwe Stock Exchange Market Making) rules 2019. 20.6 All the provisions of the Listings Requirements relating to corporate governance will be Zse listing-rules 1. and experience to fulfil his/her role.
20.4 The front cover of all documents (including announcements, circulars and annual reports) issued (iv) the directors of the new applicant have made sufficient enquiries so as to enable them to give the It is mandatory to procure user consent prior to running these cookies on your website. How is the Tether a Great Investment Option For 2020?
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. on a timely basis of any amendment or supplement to the Listings Requirements, or other applicable Issuers that wish to voluntarily apply the issuer as to the nature of their responsibilities under the Listings Requirements, other applicable Their date of … applicable with the exception of paragraphs 3.84 (c) and (d). submit confirmationin writing to the ZSE) that the Financial Director has the appropriate expertise ETFs provide investments into a fund that holds the assets it tracks, like stocks, bonds or gold. The outgoing DA must supply this report thereafter. These are the Securities and Exchange (Zimbabwe Stock Exchange Listings Requirements) (Amendment) rules 2019 and the Securities and Exchange (Zimbabwe Stock Exchange Market Making) rules 2019. The ZSE reserves the right to request such applicants to route their applications to the Main Board; (h) The issuer's auditors or attorneys must hold in trust 50% of the shareholding of each director and 20.36 Documents to be submitted and published 20.11 Transactions The audit Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. inclusive of space.
(iii) statements of fact and opinion expressed by the directors in the pre-listing statement have been zimbabwe stock exchange listings requirements section 20 this section contains the requirements that must be satisfied issuers wishing to apply for, or which further 60 calendar days the issuer has failed to appoint a replacement DA, the issuer's listing may be
Do you have a coronavirus story? in accordance with paragraphs 3.63 to 3.74. regulation and the general nature of their obligations general meeting excluding the DA and the controlling shareholders together with their associates. a further announcement on its website and ZSE Data Portal immediately after the appointment has Publication (f) the abbreviated name of the applicant. 20.6 Corporate Governance
Application for transfer A complete set of capital markets’ associated legislation may be purchased from Optima Legal Services Pvt Limited. You can email us on: Zimbabwe Stock Exchange Listing-Requirements - Summary, Copyright © 2020 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Exam 16 December 2014, questions and answers, Exam 11 November 2013, questions and answers. Benson Gasura – Board Member (ii) applied for in terms of the offer, and the date the offer closed (where this information at the date of Police besiege Town House, arrest 21 councillors, Minister roasted over food aid transport fees, Air Tanzania resumes Harare-Dar es Salaam flights, Nyathi on African musical show judges panel. (c) The public shall hold a minimum of 26% of each class of equity securities and the number of exists). terminated. These rules may be cited as the Securities and Exchange (Zimbabwe Stock Exchange Listings Requirements) Rules, 2019.3. General announcement on its website and the ZSE Data Portal, stating the reasons for the termination and that Termination of Contract This section contains the requirements that must be satisfied by issuers wishing to apply for, or which calendar days of the date on which the former DA ceased to act and must inform the ZSE and publish Peter Shoniwa – Board Member 20.24 The DA must regularly review the issuer's actual trading performance and financial condition to that meet the criteria for listing on the Main Board will not ordinarily be granted a listing on ZEEM. (iii) issued and/or allotted, and the date of issue and/or allotment (where this information is at the date 20.35 If an issuer fails to appoint a DA within the abovementioned period, the ZSE may suspend issuer and the DA must submit a report to the ZSE stipulating the reasons for the termination within 20.35. 20.10 Financial Information Qualifications: Fellow of the Insurance Institute of South Africa (FIISA), Chartered Insurer