Previously under JSE Rule 407 – Quarterly Financial Statements, listed companies were required to declare to the Exchange, at the beginning of the Third Quarter, the option to submit its Quarterly Results which can be either  (i) Fourth Quarter Financials  submitted 45 days (Unaudited) and 90-day (Audited), or (ii) 60-days Audited Financial Results.

With the amended rule, listed companies are no longer required to declare the option to submit at the start of the Third Quarter if it remains unchanged from the previous financial year. Companies that choose however, to change the option to submit from what it was the previous year, are required to declare this to the Exchange at the start of the Third Quarter.