CodeWord Issue 22 - December 2007
In this issue
New Rule 64 – Misleading or Deceptive Conduct
The new rule 64 of the Takeovers Code prohibits misleading or deceptive conduct in relation to Code-regulated transactions. Market participants need t…
Read MoreConditional Acceptance Facilities can Provide Flexibility
Conditional acceptance facilities enable shareholders to conditionally accept an offer. However, offerors need to take care to meet all of the Code’s …
Read MoreGuidance Note: The meaning of 50 or more shareholders in the definition of Code company
When is an unlisted company a Code company?Code companies are companies that are subject to the rules of the Takeovers Code.
Listed companies with vo…
