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Dubai Financial Services Authority (DFSA): Contents

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  Versions
(1 version)
 
Jul 5 2012 onwards

MKT 9.7.6



Whole Section PDF

The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) Any purchase of a Listed Entity'sG own SharesG by or on behalf of the Listed EntityG or any other member its GroupG must be disclosed to the market as soon as possible.
(2) The disclosure in (1) must include:
(a) the date of purchase;
(b) the number of SharesG purchased;
(c) where relevant, the highest and lowest purchase prices paid:
(d) the number of SharesG purchased for cancellation and the number of SharesG purchased to be held as treasury SharesG ; and
(e) where the SharesG were purchased to be held as treasury SharesG , a statement of:
(i) the total number of treasury SharesG of each class held by the Listed EntityG following the purchase and non-cancellation of such SharesG ; and
(ii) the number of SharesG of each class that the Listed EntityG has outstanding less the total number of treasury Shares of each class held by the Listed EntityG following the purchase and non-cancellation of such SharesG .
(3) In (2), "treasury Shares" means SharesG which are:
(a) admitted to the Official List of SecuritiesG ;
(b) held by the same company which issued the SharesG ; and
(c) purchased by the company in (b) using its distributable profits.
Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]