Delisting Regulations Clause Samples

Delisting Regulations. Delisting not permissible in certain circumstances and conditions for delisting Regulation 4(5): “No acquirer or promoter or promoter group or persons acting in concert or their related entities shall – (a) employ any device, scheme or artifice to defraud any shareholder or other person; or (b) engage in any transaction or practice that operates as a fraud or deceit upon any shareholder or other person; or (c) engage in any act or practice that is fraudulent, deceptive or manipulative – in connection with any delisting sought or permitted or exit opportunity given or other acquisition of shares made under these regulations.”