Additional Information
Additional Information

[Last updated: 1 January 2024, unless otherwise noted]

All information and materials submitted to the JSE to disclose in the market in South Africa must be in English.

An additional requirement for foreign companies seeking a listing on the JSE is that the foreign company must obtain approval for exchange control purposes from the Financial Surveillance Department of the South African Reserve Bank. The JSE's approval of an issue and listing will not be given until copies of the requisite authority from the South African Reserve Bank, giving a ruling regarding the use of the funds introduced through normal banking channels from abroad or from a non-resident account or from an emigrant's block Rand account relating to the issue, is received.

There are many items that a foreign company should examine when considering a cross-border listing. Whether the foreign company is already listed on any stock exchange or not, when considering a listing on the JSE, the company, its directors and senior management should familiarize themselves with the continuing compliance obligations imposed by the JSE and other relevant South African securities law and regulations.