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
Forms
Appendices
Notices of Approval
Requests for Comments
Staff Notices to Applicants, Listed Issuers, Securities Lawyers and Participating Organizations
Archive
Accelerated by THOMSON REUTERS ACCELUS
Location: TSX Company Manual > Part VI Changes in Capital Structure of Listed Issuers > A. General > Sec. 603. Discretion

Sec. 602.1 Exemptions for Eligible Interlisted Issuers Sec. 604. Security Holder Approval

Sec. 603. Discretion

TSX has the discretion: (i) to accept notice of a transaction; (ii) to impose conditions on a transaction; and (iii) to allow exemptions from any of the requirements contained in Parts V or VI of this Manual.

In exercising this discretion, TSX will consider the effect that the transaction may have on the quality of the marketplace provided by TSX, based on factors including the following:

i) the involvement of insiders or other related parties of the listed issuer in the transaction;
ii) the material effect on control of the listed issuer;
iii) the listed issuer's corporate governance practices;
iv) the listed issuer's disclosure practices;
v) the size of the transaction relative to the liquidity of the issuer; and
vi) the existence of an order issued by a court or administrative regulatory body that has considered the security holders' interests.

Sec. 602.1 Exemptions for Eligible Interlisted Issuers Sec. 604. Security Holder Approval

© TSX Inc. All rights reserved. Do not copy, distribute, sell or modify this document without TSX Inc.'s prior written consent. TSX materials, including manuals, trading rules, policies and forms, are reproduced by Complinet with the permission of TSX Inc. and TSX Venture Exchange Inc. under a non-exclusive license. Neither TSX Inc. nor any of its affiliated companies guarantees the accuracy, adequacy, completeness or availability of any information and nor shall they be responsible for any errors or omissions or otherwise.