CodeWord Issue 47 - October 2018
In this issue
Technical amendments to the Takeovers Code
From time to time, the Panel makes recommendations for amendments to the Takeovers Code. Following consultation with the market in late 2016, the Pane…
Read MoreFull terms of securities to be included with Class Notices
Rule 42A requires target companies to provide to an offeror a class notice within two days of receiving a takeover notice. Rules 42A(3) and (4) provid…
Read MoreThe Panel’s interpretation of “share parcels”
The Panel recently considered how the term “share parcels” (used in the definition of Code company) should be interpreted. Given this is a threshold i…
Read MoreDisclosure of information to the Panel
The Panel depends on market participants providing the Panel with full and fair disclosure of all material information. This is necessary to allow the…
Read MoreNew website
Visitors to our site would have noticed our new website redesign which was launched in October 2018. When designing the new website, our focus has bee…
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