The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023

22. Allocation policy

Edition: 2023-12-15 · In force

22. Allocation policy

(1)An issuer of securities shall establish and disclose in the information memorandum a fair and equitable allocation policy for the allocation of the securities in a public offer.

(2)An issuer of securities shall establish mechanisms for sensitization of investors to invest in the issue of the issuer’s securities.

(3)An issuer shall notify the Authority and, where there is a listing, the securities exchange at least twenty-four hours before the publication of the result of the offer.

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Source: Kenya Law