PDSnet Glossary

Term

Categories

Introductory Technical Fundamental Economics Opinion Sectors International Regulatory Other Markets

Versions

Name	synonyms = 1, variations = 2, abbreviations = 3

Publish: (0 = no, 1 = yes)

Definition

<p style="text-align: justify;">An announcement made by a <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">company</span>, either voluntarily or to comply with legal requirements, to inform the public of some material development which will impact on <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">shareholders</span>. Typically, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">profit warnings</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">rights issues</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">capitalisation issues</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">consolidations</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">pre-listing statements</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">interim dividends</span> and <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">final dividends</span>, <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">annual financial statements</span> and many other announcements are made through the press. You should study these carefully because they often offer good opportunities for profit. <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">Listed companies</span> are required by the <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">JSE rules</span> to publish any important news on the <span class="glossary" style="border-bottom: 1px dotted black; cursor: pointer;">Stock Exchange News Service (SENS)</span>.</p>