"27 Goodmans partners among the leading Canadian lawyers." - Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada
Goodmans Publications

TSX Announces Rule Changes on Share Incentives and Backdoor Listings


Lawyer Jonathan Feldman, Neill May
Area Corporate Finance and Securities


The Toronto Stock Exchange (TSX) has adopted amendments relating to security-based compensation arrangements in acquisitions (the “Compensation Arrangement Amendments”) and to the circumstances in which the TSX will consider a transaction to be a backdoor listing (the “Backdoor Listing Amendments”).  The amendments will become effective on October 1, 2014.

Download PDF