Back to the Learning Academy.

Just Released - Updated Security-Based Compensation Guide

January 29, 2021
TMX Group
Follow-on Transaction, Disclosure

Just Released

TSX released an updated version of Guide to Security-Based Compensation Arrangements (Guide). This third edition of the Guide, which was originally published in 2007, is intended to help listed issuers gain a better understanding of the issues relating to security-based compensation arrangements and assist issuers in preparing meaningful disclosure that complies with TSX requirements.

What's New in This Edition

This edition includes updates to reflect rule changes which came into effect in 2017 (principally regarding annual disclosure requirements, including burn rate), expand guidance on the treatment of full value awards and provide FAQs addressing questions commonly received by TSX listings managers.

Key Highlights

  1. Disclosure requirements – annually and upon adoption or amendment of a plan
  2. Examples of acceptable disclosure and reporting
  3. FAQ's

 

Guide to Security-Based Compensation Arrangements

Related Articles

May 10, 2021
Millani

Digging Deeper: Understanding the disclosure disconnect in the mining sector

In December 2020, Millani facilitated a roundtable session with members of The Mining Association of Canada (MAC) and selected investors. The session was centered around the disconnect that issuers and investors have experienced, relating to the disclosure of relevant environmental and social information.

TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. All content (including any links to third party sites) is provided for informational purposes only (and not for trading purposes), and is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The views, opinions and advice of any third party reflect those of the individual authors and are not endorsed by TMX Group Limited or its affiliates. TMX Group Limited and its affiliates have not prepared, reviewed or updated the content of third parties on this site or the content of any third party sites, and assume no responsibility for such information.

Copyright © 2021 TSX Inc. All rights reserved.