Solutions
JSE fairness opinions and TRP fair and reasonable opinions
PSG Capital has significant expertise and experience in providing JSE fairness and TRP fair and reasonable opinions. Our dedicated team works diligently to provide clients with the highest standards of service, often under tight deadlines.
JSE fairness opinion
In the case of certain transactions and corporate actions, the JSE Listings Requirements require that an independent expert expresses an opinion on whether same is fair or unfair to shareholder of a listed company.
TRP fair and reasonable opinion
The Companies Act and regulations require that, in the event of certain affected transactions governed by the Takeover Regulation Panel, an independent expert opines on whether same is fair and reasonable to shareholders.
When is a JSE fairness opinion and/or TRP fair and reasonable opinion required?
A JSE fairness opinion and/or a TRP fair and reasonable opinion may be required in, inter alia, the following instances:
- Delisting from the JSE
- Affected transactions as defined in the Companies Act