ADVOKS GLOBAL · KENYA
The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023
80. Review of circulars
Edition: 2023-12-15 · In force
80. Review of circulars
(1)A circular submitted to the Authority for approval shall not be circulated or made available publicly until the Authority advises that it has no objection to the issuance of the circular.(2)Each public announcement and advertisement to holders of securities or the public shall be factual and shall be submitted to the Authority or the securities exchange, where applicable, for approval before distribution or publication:Provided that the Authority or the securities exchange, where applicable, may require the inclusion of such additional information which in is relevant to the shareholders, investors or public.(3)The Authority, in lieu of the approval required under subregulations (1) and (2), may issue a circular prescribing the minimum content to be provided by an issuer for purposes of any relevant circular, public announcement or advertisement to be made to the shareholders, investors or public.(4)An announcement or advertisement made or issued under subregulation (3) shall, on publication, be submitted simultaneously to the Authority.