An applicant must appoint an issue manager who will act as the sponsor for the applicant's listing on the Exchange. An application for new listing must be managed by a member company of the Exchange, a bank, a merchant or investment bank, or other similar person who is accredited by the Exchange. An issue manager must be able to give the applicant impartial and competent advice and must have the necessary experience to discharge its professional duties as an issue manager fully and professionally. The Exchange must be notified as and when there are significant changes to the corporate structure of accredited issue managers (whether due to mergers and acquisitions, resignation of key management personnel and/or staff of the team managing listing applications, or otherwise).

Amended on 29 September 201129 September 2011.