Versions

 

14A.69

A circular for a connected transaction must:

(1) provide a clear and adequate explanation of its subject matter and demonstrate the advantages and disadvantages of the transaction for the listed issuer's group;
(2) where practicable, include a numerical evaluation;
(3) contain all information necessary to allow the listed issuer's shareholders to make a properly informed decision; and
(4) contain a heading drawing attention to the importance of the document and advising shareholders who are in any doubt to consult appropriate independent advisers on the appropriate course of action.