Companies Act, 2008 (Act No. 71 of 2008)

Regulations

Purchase

See section 59(2)(b)

(1)	If any securities of a particular company are in uncertificated form, or otherwise subject to rules of a central securities depository, the company must set the record date in accordance with those rules.

(2)	Except as contemplated in sub-regulation (1), a company must publish a notice of a record date for any matter by—

(a)	delivering a copy to each registered holder of its securities; and

(b)	posting a conspicuous copy of the notice—

(i)	at its principal office;

(ii)	on its website, if it has one; and

(iii)

in the case of a listed company, on any automated system of disseminating information maintained by the exchange.