Versions

 

14.57

A listed issuer proposing a reverse takeover must comply with the procedures and requirements for new listing applications as set out in Chapter 9 of the Exchange Listing Rules. The listed issuer will be required, among other things, to issue a listing document and pay the non-refundable initial listing fee. A listing document relating to a reverse takeover must contain the information required under rules 14.63 and 14.69. The listing document must be despatched to the shareholders of the listed issuer at the same time as or before the listed issuer gives notice of the general meeting to approve the transaction. The listed issuer must state in the announcement on the reverse takeover when it expects the listing document to be issued.