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JSE Listings
JSE Listings Requirements — mandatory governance obligations for listed entities.
JSE LR 2024All JSE-listed entitiesKing V mandatorySENS disclosure

The requirements

JSE Listings Requirements apply to all companies listed on the Johannesburg Stock Exchange. They combine mandatory corporate law compliance with the apply-and-explain King V governance framework. For JSE-listed entities, governance disclosure quality is a commercial imperative — investors, analysts, and proxy advisors scrutinise every deviation.

King V Apply-or-Explain
Unlike other organisations, JSE-listed entities must apply or explain every King V principle — no exceptions
SENS Disclosure Obligations
Price-sensitive information disclosure requirements — financial results, director dealings, corporate actions
Related Party Transactions
Shareholder approval thresholds for related party transactions — Category 1, 2, 3, and 4 transactions
Remuneration Policy Advisory Vote
Annual advisory vote on remuneration policy and implementation report — binding vote on policy every 3 years
Board Composition Standards
Independence requirements, rotation policies, committee composition — disclosed in integrated report
Takeover Regulation Panel (TRP)
Compliance with TRP Regulations for offers and schemes affecting listed securities

Mapped in Encircle

This framework contributes to the following governance domains in your Encircle score:

D01 StrategyD02 LeadershipD04 ComplianceD11 AssuranceD12 Remuneration
How Encircle maps this framework

Encircle maps all JSE Listings Requirements to the governance domains with JSE-specific questions loading automatically for listed entities. The King V apply-or-explain register is maintained in the platform, and SENS disclosure obligations generate calendar-linked tasks.

Your JSE Listings readiness score

Encircle tells you when you are JSE Listings Compliant — meaning your governance documentation, disclosures, and board structures meet the current JSE Listings Requirements. For independent assurance, connect with a listed company governance specialist from the Encircle Network.

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