(1) contain all information necessary to allow shareholders to make a properly informed decision or, if no decision is required, to be properly informed;

(2) advise shareholders that if they are in any doubt as to any action they should take, they should consult independent advisers;

(3) state that the Exchange takes no responsibility for the accuracy of any statements or opinions made or reports contained in the circular;

(4) comply with specific circular requirements in the Listing Manual; and

For example:—

Corporate Action	Rules requiring specific information to be disclosed in the circulars to shareholders
(a) Rights Issues	Appendix 8.2
(b) Capitalisation Issues and Subdivision of shares	Rule 839
(c) Issue of Warrants and Other Convertible Securities	Rule 832
(d) Employee Share Option Schemes	Rules 855, 856, 857, 858 and 861
(e) Share Buy-Backs	Rule 883
(f) Scrip Dividends	Rule 862(1)
(g) Interested Person Transactions	Rules 920(1)(b) and 921
(h) Acquisitions and Realisations	Rule 1014
(i) Very Substantial Acquisitions or Reverse Takeovers	Rule 1015(5)

(5) include an appropriate statement if a person is required to abstain from voting on a proposal at a general meeting by a listing rule.