Note to subscribers for the amendments to
the rules governing the listing of securities on the GEM (the "GEM Listing Rules")
Update No. 59
Amendments to the GEM Listing Rules
We enclose reprinted pages of the GEM Listing Rules and filing instructions. The reprinted pages incorporate amendments to implement the proposals of the "Consultation Conclusions on Proposed Changes to Documentary Requirements relating to Listed Issuers and Other Minor Rule Amendments" published on 1 February 2019.
We have amended the GEM Listing Rules to:
• revise the declaration and undertaking by directors and supervisors in the form set out in Appendix 6A, 6B or 6C to include an undertaking to inform the Exchange of the director’s or supervisor’s contact information, to grant the Exchange with the power to gather information from supervisors and to align the Main Board Rules and the GEM Rules in relation to directors’ and supervisors’ obligations;
• streamline listed issuers’ filing requirements in respect of an issue of new securities;
• remove the filing requirements for (i) documents that are submitted to the Exchange for record only; and (ii) documents whose contents are already disclosed to the public; and
• make other minor Rule amendments and housekeeping Rule amendments.
Coming into effect
The amendments will come into effect on 1 March 2019.
Please click HERE
to see the amendments to the GEM Listing Rules.
For and on behalf of
The Stock Exchange of Hong Kong Limited
Head of Listing