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Update No 76

Note to subscribers for the amendments to the rules governing the listing of securities on the GEM (the "GEM Listing Rules")
 
 

Update No. 76

June 2023
 

Amendments to the GEM Listing Rules

 
We have amended the GEM Listing Rules to implement the proposals of our “Consultation Conclusions Paper on Proposals to Expand the Paperless Listing Regime and Other Rule Amendments” published on 30 June 2023.
 
Key changes to the GEM Listing Rules (the “Paperless Rule Amendments”) include:
 
1. a reduction in the number of the submission documents; and mandatory submission by electronic means;
   
2. the mandatory electronic dissemination of corporate communications by listed issuers to the extent permitted by the laws and regulations; and
   
3. simplification of the appendices to the GEM Listing Rules.
 
We have also made certain minor and housekeeping amendments to the GEM Listing Rules that do not change any policy direction.
 
Coming into effect
 

The amended GEM Listing Rules will take effect from the following dates: 

 

(a)

8 July 2023 – for the minor and housekeeping Rule amendments; and
   
(b) 31 December 2023 – for the Paperless Rule Amendments.
   
Please click HERE to see the amendments to the GEM Listing Rules.