Electronic payment of cash distributions

8.54

Can a listed issuer pay other types of cash payments not falling within paragraph 8.26A(3) of the Main LR, to its securities holders electronically?

Yes, a listed issuer may voluntarily pay the other types of cash payments not falling within paragraph 8.26A(3) of the Main LR, to its securities holders via direct crediting into the bank accounts of its securities holders who have provided their bank account details to the Depository. For this, the listed issuer must refer to and comply with the relevant requirements set out in the Rules of the Depository.