CodeWord Issue 14 - April 2005
In this issue
Associates and Acquisitions
The Takeovers Code is concerned with transactions that cause a person to become the holder or controller of an increased percentage of voting rights i…
Read MoreExamples of association
Bridgecorp Capital LimitedIn late 2004 Bridgecorp Capital Limited acquired 19.99% of the voting rights in Dorchester Pacifi c Limited from Mr Brent Ki…
Read MoreLock-up agreements and Shareholder powers
The Code and Lock-up agreementsThe Panel has made it clear that lock-up agreements (entry into an agreement under which one party is agreeing to make …
Read MoreConsequences of associate status
It is important to emphasise that it is not a breach of the Code to become associates. What is important are the consequences of that status. Parties …
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