CmaBylaw
Executive Bylaws
3-6-7 Exceeding the Permitted Percentage of Sale Of Module Nine: Mergers and Acquisitions
Section: Chapter Three: Acquisitions
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Thursday, 09 February 2017
The Controller shall be obligated to disclose the sale process in the event it intends to reduce its ownership in the company subject to Control to become less than 30% percentage of the company’s Traded Shares, by contacting the Authority before achieving such interest and completing the form concerning sales or purchases permitted for the Controllers of a Listed Company in the Exchange set out in Appendix 6 of this Module. The form referred to shall be submitted to the Authority and announced in the Exchange.
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