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


Companies Regulations, 2011

Chapter 4 : Offerings of Company Securities

Part C : Items required to be included in a Prospectus

66. Shares issued or to be issued otherwise than for cash


Section 1, Paragraph 10 of a prospectus contemplated in regulation 56 must state—

(a) the number, if any, of securities that were issued or agreed to be issued by the company, or a subsidiary of the company, within the 3 years immediately before the prospectus date, to any person other than for cash; and
(b) the consideration for which those securities were issued or were agreed to be issued.