ADVOKS GLOBAL · KENYA
The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023
72. Trading halt
Edition: 2023-12-15 · In force
72. Trading halt
(1)A securities exchange may, at any time, with the approval of the Authority, grant a trading halt or suspend trading of the listed securities of an issuer.(2)A trading halt or suspension of trading of listed securities may also be granted at the request of the issuer or at the direction of the Authority:Provided that where the request is made by the issuer, the securities exchange shall not be obligated to honour the request.(3)A trading halt—(a)shall not exceed one trading session at any one time; and(b)may, with the approval of the Authority, be changed to a suspension by a securities exchange at any time.(4)A securities exchange shall, at the written direction of the Authority, halt or suspend the trading of all securities on the market or close the market before the normal close of the trading session.