![Rules on Minimum Public Float as a Continuous Listing Requirements Cse17](https://i.servimg.com/u/f55/17/31/86/64/cse17.png)
Search
Latest topics
Disclaimer
Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker
Rules on Minimum Public Float as a Continuous Listing Requirements
Sriranga- Veteran
- Posts : 3226
Join date : 2014-02-23
Location : Colombo
![Rules on Minimum Public Float as a Continuous Listing Requirements Cse17](https://i.servimg.com/u/f55/17/31/86/64/cse17.png)
Investor- Posts : 21
Join date : 2014-02-23
Please give a clear idea about it .
Thanks
Sriranga- Veteran
- Posts : 3226
Join date : 2014-02-23
Location : Colombo
‘Non-Public Shareholders’ shall mean the following parties who hold, directly
or indirectly, shares of the applicant Entity;
a) its parent, any subsidiary or associate companies or any subsidiary or
associate companies of its parent company;
b) its directors who are holding office as directors of the Entity and their
Close Family Members;
c) Chief Executive Officer and his/her Close Family Members;
d) Key Management Personnel and their Close Family Members;
e) Any party acting in concert with the parties set out in (a), (b), (c) and (d)
above; or
f) Any single individual or a company holding jointly or severally 5% or
more of the shares of the applicant Entity
‘Close Family Member’ shall mean the spouse or a financially dependent
child.
‘Key Management Personnel’ shall mean those persons having authority and
responsibility for planning, directing and controlling the activities of the
applicant Entity, directly or indirectly, including any director (whether
executive or otherwise) of that Entity.
‘Public Shareholders’ shall mean any party who hold shares of the applicant
Entity other than the parties identified as Non-Public Shareholders.
Source: http://www.cse.lk/pdf/Section2_ListingSharesDebentures.pdf
Investor- Posts : 21
Join date : 2014-02-23
Redbulls wrote:May be the following extract from CSE website will give some idea.
‘Non-Public Shareholders’ shall mean the following parties who hold, directly
or indirectly, shares of the applicant Entity;
a) its parent, any subsidiary or associate companies or any subsidiary or
associate companies of its parent company;
b) its directors who are holding office as directors of the Entity and their
Close Family Members;
c) Chief Executive Officer and his/her Close Family Members;
d) Key Management Personnel and their Close Family Members;
e) Any party acting in concert with the parties set out in (a), (b), (c) and (d)
above; or
f) Any single individual or a company holding jointly or severally 5% or
more of the shares of the applicant Entity
‘Close Family Member’ shall mean the spouse or a financially dependent
child.
‘Key Management Personnel’ shall mean those persons having authority and
responsibility for planning, directing and controlling the activities of the
applicant Entity, directly or indirectly, including any director (whether
executive or otherwise) of that Entity.
‘Public Shareholders’ shall mean any party who hold shares of the applicant
Entity other than the parties identified as Non-Public Shareholders.
Source: http://www.cse.lk/pdf/Section2_ListingSharesDebentures.pdf
Thanks REdbulls!
First Guy- Posts : 2599
Join date : 2014-02-22
![Wink](https://2img.net/i/fa/i/smiles/icon_wink.gif)
» CCS.N0000 ( Ceylon Cold Stores)
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
» When Will It Be Safe To Invest In The Stock Market Again?
» Dividend Announcements
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
» SEYB.N0000 (Seylan Bank PLC)
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
» The Korean Way !
» In the Meantime Within Our Shores!
» What is Known as Dementia?
» SRI LANKA TELECOM PLC (SLTL.N0000)
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
» Equinox ( වසන්ත විෂුවය ) !
» COMB.N0000 (Commercial Bank of Ceylon PLC)
» REXP.N0000 (Richard Pieris Exports PLC)
» RICH.N0000 (Richard Pieris and Company PLC)
» Do You Have Computer Vision Syndrome?
» LAXAPANA BATTERIES PLC (LITE.N0000)
» What a Bank Run ?
» 104 Technical trading experiments by HUNTER
» GLAS.N0000 (Piramal Glass Ceylon PLC)
» Cboe Volatility Index
» AHPL.N0000
» TJL.N0000 (Tee Jey Lanka PLC.)
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
» Bitcoin and Cryptocurrency
» CSD.N0000 (Seylan Developments PLC)
» PLC.N0000 (People's Leasing and Finance PLC)
» Bakery Products ?
» NTB.N0000 (Nations Trust Bank PLC)
» Going South
» When Seagulls Follow the Trawler
» Re-activating
» අපි තමයි හොඳටම කරේ !
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
» SAMP.N0000 (Sampath Bank PLC)
» APLA.N0000 (ACL Plastics PLC)
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
» Banks, Finance & Insurance Sector Chart
» VPEL.N0000 (Vallibel Power Erathna PLC)
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
» WATA - Watawala
» KFP.N0000(Keels Food Products PLC)
» Capital Trust Broker in difficulty?
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
» What Industry Would You Choose to Focus?
» Should I Stick Around, or Should I Follow Others' Lead?