(1) Without prejudice to rule 17.11
, where in the view of the Exchange there is or there is likely to be a false market in an issuer's securities, the issuer must, as soon as reasonably practicable after consultation with the Exchange, announce the information necessary to avoid a false market in its securities.Notes:
1. This obligation exists whether or not the Exchange makes enquiries under rule 17.11.
2. If an issuer believes that there is likely to be a false market in its listed securities, it must contact the Exchange as soon as reasonably practicable.
(a) Where an issuer is required to disclose inside information under the Inside Information Provisions, it must also simultaneously announce the information.
(b) An issuer must simultaneously copy to the Exchange any application to the Commission for a waiver from disclosure under the Inside Information Provisions, and promptly upon being notified of the Commission's decision copy the Exchange with the Commission's decision.