The JSE issues further guidance on disclosure obligations

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    Written by Ben StraussClara Hofmeyr and Chanté du Plessis

    As discussed in the previous CDH Alert, the COVID–19 pandemic has had an impact on reporting obligations for listed entities. As a result, the JSE has reminded sponsors and designated advisors of their continuing disclosure obligations amidst the pandemic. On 10 September 2020, the JSE issued a further letter (JSE Letter) pertaining to communication with investors and the continuing obligation to disclose information when issuers embark on capital raisings. Now, more than ever, it is important that investors are provided with clear and transparent information in order to promote certainty and to counter volatility in share prices.

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