Entire section

2.3.4. Reduction of share capital

The Board of a Reporting Entity must ensure that a Reporting Entity does not reduce its Share capital unless:

  1. (a)     the reduction does not materially prejudice the Reporting Entity’s ability to pay its creditors;
  2. (b)     a public disclosure is made as soon as possible of any proposed change in its capital structure, and, following the redemption of listed Shares, if any, information on such redemption including details of the number of Shares redeemed and the number of Shares of that class outstanding following the redemption.