CodeWord Issue 42 - October 2016
In this issue
A farewell to David Jones
On 30 September 2016, long-time Panel member David Jones stood down as Chairman of the Panel. The Panel would like to recognise David for his years of…
Read MoreInterest Classes in Schemes of Arrangement
IntroductionSchemes of arrangement under Part 15 of the Companies Act 1993 (“schemes”) are statutory Court-approved procedures that allow for the reor…
Read MoreDisaggregation of holding or control
IntroductionThe fundamental rule of the Takeovers Code, rule 6, prohibits a person who holds or controls less than 20% of the voting rights in a Code …
Read MoreNew timing rules calculator – watch this space!
Interpreting and applying the Code’s timing rules can be difficult. The Panel’s Guidance Note on Timing Rules in the Code is recognised as a useful re…
Read MoreAppointments to the Panel
The Panel welcomes the appointment of Silvana Schenone to the Panel from October 2016. Silvana is a corporate and commercial Partner at Minter Ellison…
Read MoreMOU with the FMA
In August 2016, the Panel entered into a Memorandum of Understanding for information sharing and regulatory co-operation with the FMA. A copy of the M…
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