Restriction on further capital issues: issuers barred from subsequent offers until listing or refund unless full disclosures are made. Restriction on further capital issues bars any issuer from making additional offers of specified securities during the interim between prospectus/letter of offer registration or draft offer document filing and listing or refund. For fast track issues the relevant interim runs from registration/filing of the red herring prospectus/prospectus or letter of offer with the stock exchange until listing or refund; for other issues it runs from draft offer document filing with the Board until listing or refund. An exception permits such further issues only if the draft or offer document fully discloses the total number of securities and the amount proposed to be raised.