Companies Act, 2008 (Act No. 71 of 2008)RegulationsCompanies Regulations, 2011Chapter 4 : Offerings of Company SecuritiesPart C : Items required to be included in a Prospectus72. Particulars of the offer |
| (1) | Section 2, Paragraph 3 of every prospectus must set out the particulars of the securities offered, including— |
| (a) | the class of securities; |
| (b) | the number of securities offered; |
| (c) | the issue price; |
| (d) | if any securities are secured, particulars of the security, specifying the property comprising the security and the nature of the title to the property; and |
| (e) | other conditions of the offer. |
| (2) | If, during the 3 years immediately preceding the date of the prospectus, the company issued any securities, a prospectus must also include a statement setting out— |
| (a) | the dates of issue of those securities; |
| (b) | the price at which they were issued; and |
| (c) | the reasons for any differentiation between those prices and the issue price of the securities being offered by the prospectus. |
| (3) | If, during the 3 years immediately preceding the effective date, the company issued any securities for a premium, the prospectus must include a statement setting out— |
| (a) | the dates of issue of those securities; |
| (b) | the reasons for any such premium; |
| (c) | the reasons for any differentiation between the amounts of any such premium; and |
| (d) | how any such premium was dealt with. |