TSX Company Manual:

TSX Company Manual
Part I Introduction
Part II Why List on the Toronto Stock Exchange?
Part III Original Listing Requirements
Part IV Maintaining a Listing — General Requirements
Part V Special Requirements for Non-Exempt Issuers
Part VI Changes in Capital Structure of Listed Issuers
Part VII Halting of Trading, Suspension and Delisting of Securities
Part VIII Fees Payable by Listed Companies
Part IX Dealing with the News Media
Part X Special Purpose Acquisition Corporations (SPACs)
Part XI Requirements Applicable to Non-Corporate Issuers
Provisions Respecting Conflict of Interest and Competitors of TMX Group Limited
Notices of Approval
Requests for Comments
Staff Notices to Applicants, Listed Issuers, Securities Lawyers and Participating Organizations
Location: TSX Company Manual > Notices of Approval > Notice of Approval Amendments to Part X of the Toronto Stock Exchange Company Manual (October 4, 2018) > Summary of the Comments Received

Summary of the Amendments Text of the Amendments

Summary of the Comments Received

(1 version)
Oct 4 2018 onwards

TSX received three comment letters in response to the Request for Comments. A summary of the comments submitted, together with TSX's responses, is attached as Appendix A. TSX thanks all commenters for their feedback and suggestions.

As a result of the comment process, TSX has adopted the Amendments with the following changes since the Request for Comments:

•   amending Section 1008 to clarify the application of the redemption limit.
•   amending Section 1009 to limit the maximum aggregate principal amount of unsecured loans to 10% of the funds escrowed.
•   amending Section 1028 to allow delivery of a prospectus to shareholders electronically in compliance with NP 11-201.
•   amending Section 1029 to provide the resulting issuer with up to 180 days (rather than the 90 days originally proposed) from the completion of the qualifying acquisition to provide evidence that it meets the public distribution requirement set out in Section 315.

Summary of the Amendments Text of the Amendments

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