ADVOKS GLOBAL · KENYA
The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023
21. Electronic offers
Edition: 2023-12-15 · In force
21. Electronic offers
(1)An issuer may, when obtaining approval of an offer, notify the Authority, and, where applicable, the securities exchange, that the offer shall be made electronically and include that fact in the information memorandum.(2)The Authority may approve an electronic offering if satisfied that the technology to be used for such offer affords sufficient opportunity for each application to be treated fairly or equitably.(3)The issuer in an electronic offer shall ensure that the information memorandum is disclosed in the same form and content approved by the Authority.(4)The results of an electronic offer shall be published in the same manner as the information memorandum was published.