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17.19

Where the issuer's controlling shareholder has pledged all or part of its interest in the issuer's shares to secure the issuer's debts or to secure guarantees or other support of its obligations, the issuer must immediately thereafter announce the following information:—

(1) the number and class of shares being pledged;
(2) the amounts of debts, guarantees or other support for which the pledge is made; and
(3) any other details that are considered necessary for an understanding of the arrangements.

Note: This disclosure obligation is separate from the disclosure obligation arising from the pledging or charging of securities by controlling shareholders in rule 17.43.