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

Companies Regulations, 2011

Chapter 5 : Fundamental Transactions and Takeover Regulations

Part C : Announcements and Offers

100. Cautionary and other announcements

 

 

See section 119(1)(G)(iii)

 

(1) Despite the fact that an an offeree regulated company may not be listed, "cautionary announcement" has the meaning set out in the JSE Listings Requirements, as amended from time to time, but a reference in those listing requirements to "material price sensitive information" must be regarded as referring to "price sensitive information" that would concern a possible or proposed offer that is the subject of negotiations.

 

(2) The responsibility to publish a cautionary announcement rests with the offeror, or the offeree regulated company, as applicable.