ANALYSIS: Inconsistent shareholder spread
Inconsistent shareholder spread – Disclosures The JSE’s current Listing Requirements contain ambiguities that lead to inconsistent disclosures on public and non-public shareholders. Listed companies need to disclose a shareholder spread in their annual report in terms of section 8.63(d) of the JSE’s Listings Requirements. The shareholder spread deals with the number and percentage shareholding by…
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