JSE censures AngloGold Ashanti over delayed Sens earnings disclosure
The Johannesburg Stock Exchange (JSE) has issued a public censure against primary New York Stock Exchange (NYSE)-listed gold miner AngloGold Ashanti plc for breaching its listings requirements after delaying the release of price-sensitive financial results on Sens by 27 minutes.
The exchange noted that the NYSE pre-opening session only began at 12:30pm and core trading at 3:30pm, meaning local investors traded on the open JSE market for 27 minutes while information was available abroad.
Market fairness and investor protection Explaining the rationale for imposing a public censure on the gold producer, the JSE emphasised the necessity of equal information access to maintain market integrity: “The requirement for simultaneous disclosure on Sens and other exchanges is fundamental to the principles of fairness, transparency and market integrity underpinning the Listings Requirements.
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