Takeovers Panel

Takeovers Panel

Search
  • Guidance
    • Code Word
    • Guidance by topic
  • Legislation
    • Takeovers Code
    • Takeovers Act 1993
    • Takeovers (Fees) Regulations 2001
    • Companies Act 1993
    • Bills before the House
    • Financial Markets Conduct Act (Takeovers Panel) Exemption Notice 2015
  • Exemptions
    • Class Exemptions
    • Individual Exemptions
  • Enforcement
    • Transactions
    • Panel Decisions
  • The Panel
    • Panel Members
    • About the Panel
    • Panel Executive
    • News Items
    • Statutory Information
    • Consultation and Recommendations
    • Information for Shareholders
    • Panel policies
    • MOUs

The browser you are currently using is not being supported by this website, please upgrade to a more recent browser for a better viewing experience.

  • In Enforcement
  • Transactions
  • Panel Decisions

Panel Decisions

Print

  • Abano Healthcare Group Limited - 30 June 2008

    • Rule 41
    • Rule 49
    • Section 11(2) of the Companies Amendment Act 1963


  • Allied Domecq Plc and/or Millstream Equities Limited - 6 July 2001

    • Whether an “irrevocable promise" cited in a newspaper was intention to breach the Code and the meaning of "a savings provision" in s 23(b) of the Takeovers Act 1993


  • Bridgecorp Capital Limited - 6 & 7 September 2004 - Determination

    • Rule 6
    • Rule 4 


  • Bridegcorp Capital Limited - 6 & 7 September 2004 - Reasons for Determination

    • Rule 6
    • Rule 4
    • Associate


  • Calgary Petroleum Limited - 30 June 2005

    • Definition of Code company
    • Rule 6
    • Rule 7
    • Rule 4 - associate


  • Dominion Retail Fund Property Limited - 17 December 2003

    • Rule 41 takeover notice
    • Rule 44(d)(i)
    • Clause 5 of Schedule 1 of the Code
    • Clause 19 of Schedule 1 of the Code
    • Rule 27


  • E-cademy Holdings Limited - 1 August 2001

    • Restraining a party from disposing securities and exercising voting rights
    • Section 23(b)


  • Gould Holdings Limited - 3 March 2003

    • Rule 6
    • Rule 3 - definition of control
    • Rule 4 - associates


  • GPG Forests Limited / Rubicon Limited - 5 September 2002

    • Rule 41 - Takeover notice compliance
    • Rule 6
    • Rule 7
    • Rule 9(3)
    • Rule 10
    • Rule 23


  • Horizon Energy Distribution Limited - 12 & 22 March 2010

    • Rule 64 


  • International Marine Services Limited / Submarines Australasia Limited - 27 November 2002

    • Rule 6
    • Rule 7(d)
    • Rule 16(g)
    • Rule 19


  • Kerifresh Limited - 22 November 2007 - Statement of Reasons

    • Rule 4
    • Rule 6


  • Kerifresh Limited - 16 October 2007

    • Rule 4
    • Rule 6


  • Lion Nathan Limited / Lion Nathan Enterprises Limited - 16 July 2001

    • Rule 20
    • Rule 44(1)(a)
    • Breach of NZX listing requirements
    • Two-tier takeover offer structure


  • Lowe Corporation Limited / Blue Sky Meats (N.Z.) Limited - 4 November 2002

    • Rule 20


  • Otago Power Limited - 17 May 2002

    • Refusal to register transfer of shares
    • Defensive tactics
    • Acceleration of asset sales
    • Notice of meeting compliance
    • Rule 38
    • Section 84 Companies Act 1993


  • Otago Power Limited - 29 May 2002

    • Rule 40
    • Defensive tactics
    • Letter to shareholders
    • Notice of meeting
    • Rule 27
    • Rule 28
    • Rule 29


  • Oyster Bay Marlborough Vineyards Limited - 20 September 2005 - Determination

    • Rule 46
    • Clause 18(5) of Schedule 2 of the Code
    • Clause 24 of Schedule 2 of the Code


  • Oyster Bay Marlborough Vineyards Limited - 20 September 2005 - Reasons for Determination

    • Clause 26 of Schedule 2 of the Code
    • Section 32(3)(b)
    • Section 32(4)(a)


  • Powerco Limited - 12 October 2004 - Statement of Reasons

    • Rule 20 - Effect of a resale facility


  • Radius Properties Limited - 1 March 2013

    • Rule 64

    View 5 attached documents


  • Rank Group Investments Limited - 13 February 2006

    • Rule 24
    • Rule 41


  • Richmond Limited / PPCS Limited - 30 January 2003

    • Rule 25(1) and waiver of a stated minimum acceptance condition
    • Rule 8(2)


  • Rubicon Limited - 19 May 2004

    • Rule 38
    • Rule 39
    • Clause 18(5) of Schedule 2 of the Code
    • Clause 24 of Schedule 2 of the Code


  • Rubicon Limited - 10 June 2009

    • Rule 7(b)
    • Rule 10
    • Rule 64


  • Seafresh New Zealand Limited - 26 June 2002

    • Rule 6
    • Rule 7


  • Trans Tasman Properties Limited - 20 May 2004

    • Clause 20 of Schedule 2 of the Code
    • Clause 19(1) of Schedule 2 of the Code


  • TrustPower Limited - 14 April 2003

    • Rule 6
    • Takeovers Code (Class Exemptions) Notice (No 2) 2001 clause 4
    • Buybacks
    • Timing of a notice of meeting and independent adviser's report


  • Tranz Rail Holdings Limited - 4 August 2003

    • Rule 38


  • Vector Limited - 18 November 2004

    • Rule 7(c)
    • Exemption application decision


  • About the panel
  • Sitemap
  • Give us feedback on our website
  • Contact Us
  • Permission to reproduce
newzealand.govt.nz - connecting you to New Zealand central & local government services

Takeovers Panel