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ARTICLE · 08 JUNE 2016

TSX Proposes New Website And Equity Compensation Plan Disclosure

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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On May 26, 2016, the Toronto Stock Exchange (TSX) published for comment proposed amendments to Part IV and Part VI of the TSX Company Manual (Manual).

CanadaCorporate/Commercial Law

On May 26, 2016, the Toronto Stock Exchange (TSX) published for comment proposed amendments to Part IV and Part VI of the TSX Company Manual (Manual). If adopted, the proposed amendments would introduce website disclosure requirements for all TSX listed issuers (Part IV Amendments), and amend the security-based compensation arrangements disclosure requirements (Part VI Amendments), in particular by introducing a new disclosure form, Form 15 – Disclosure of Security Based Compensation Arrangements (Form 15).

PART IV AMENDMENTS

Proposed Amendments

The Part IV Amendments would introduce a new section 473 to the Manual, which would require TSX listed issuers to maintain a publicly accessible website where current copies of the following documents, as applicable, must be made available:

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