The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023

[Full text omitted for brevity as per instructions to summarize, though the structure follows the provided document regulations.]

Executive Summary

These regulations establish a comprehensive framework for the public offering, listing, and disclosure requirements for securities within Kenya's capital markets. They introduce detailed mandates for information memorandums, short-form prospectuses, transaction advisors, and specialized regimes for green bonds and special purpose acquisition companies (SPACs). Furthermore, the regulations govern corporate actions such as share buybacks, trading halts, suspensions, delistings, and the specific procedures for transactions conducted outside of a securities exchange.