(1) If a quoted company prepares a preliminary statement of its annual results in accordance with the requirements of listing rules or comparable requirements of the market on which the company’s equity share capital is admitted to trading, the company shall ensure that the statement—
(a) is made available on a website that complies with section 672; and
(b) remains so available until the annual financial statement for the financial year is made available in accordance with section 662.
(2) A statement is a preliminary statement of the annual results of the company if it consists of information published before publication of the company's annual financial statement and is or purports to comprise—
(a) a balance sheet setting out the company's financial position as at the end of the relevant financial year; and
(b) the company's profit and loss account for that year,— whether on an individual or consolidated basis.
(3) If a quoted company fails to comply with subsection (1), the company, and each officer of the company who is in default commit an offence and on conviction are each liable to a fine not exceeding five hundred thousand shillings.
(4) If, after a quoted company or any of its officers is convicted of an offence under subsection (3), the company continues to fail to comply with subsection (1), the company, and each officer of the company who is in default, commit a further offence on each day on which the failure continues and on conviction are each liable to a fine not exceeding one hundred thousand shillings for each such offence
(a) is made available on a website that complies with section 672; and
(b) remains so available until the annual financial statement for the financial year is made available in accordance with section 662.
(2) A statement is a preliminary statement of the annual results of the company if it consists of information published before publication of the company's annual financial statement and is or purports to comprise—
(a) a balance sheet setting out the company's financial position as at the end of the relevant financial year; and
(b) the company's profit and loss account for that year,— whether on an individual or consolidated basis.
(3) If a quoted company fails to comply with subsection (1), the company, and each officer of the company who is in default commit an offence and on conviction are each liable to a fine not exceeding five hundred thousand shillings.
(4) If, after a quoted company or any of its officers is convicted of an offence under subsection (3), the company continues to fail to comply with subsection (1), the company, and each officer of the company who is in default, commit a further offence on each day on which the failure continues and on conviction are each liable to a fine not exceeding one hundred thousand shillings for each such offence
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