This Part applies to every Issuer intending to list Securities on the Market.
(a) This Module contains the Market’s Rules on:
(i) the listing of Securities on the Market, including the pre-listing conditions and post-listing obligations that apply to the different categories of Issuer; and
(ii) the Market’s review and approval process for listing applications; and
(iii) the suspension from trading, delisting on the Market; and
(iv) other provisions.
(b) The purpose of this Module is to set out the Listing Rules that must be complied with by Applicants, Issuers or other persons to whom these Listing Rules relate.
(c) Failure to comply with any of these Listing Rules will amount to a breach, in respect of which remedial action may be taken, and penalties may be imposed on those in breach.
(d) The Market’s Rules apply in addition to the provisions of Authority Decision No. 12 of 2000 concerning the Regulations as to the Listing of Securities and Commodities, as amended from time to time.
Terms used in these Rules have the meanings sp...