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The Takeover Code
The Takeover Code
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  • Acceleration statement
  • Acting in concert
  • Business day
  • Cash acquisitions
  • Cash offeror
  • Close relatives
  • Connected adviser
  • Connected fund manager and connected principal trader
  • Control
  • Dates, periods of time and London time
  • Day 14
  • Day 21
  • Day 39
  • Day 46
  • Day 53
  • Day 60
  • Dealings
  • Derivative
  • Directors
  • Electronic form
  • Employee representative
  • Exempt fund manager
  • Exempt principal trader
  • FCA Handbook
  • Fund manager
  • Hard copy form
  • Interests in securities
  • Irrevocable commitments and letters of intent
  • Material official authorisation or regulatory clearance
  • Offer
  • Offeree company
  • Offeror
  • Offer period
  • Official List
  • Ordinary course profit forecast
  • Parties to the offer
  • Pension scheme
  • Person with information rights
  • Post-offer intention statement
  • Post-offer undertaking
  • Principal trader
  • Profit estimate
  • Profit forecast
  • Quantified financial benefits statement
  • Recognised intermediary
  • Recognised investment exchange
  • Regulatory information service or RIS
  • Relevant securities
  • Reverse takeover
  • Scheme of arrangement or scheme
  • Securities exchange offer
  • Securities exchange offeror
  • Shares or securities
  • Treasury shares
  • UK multilateral trading facility or UK MTF
  • UK regulated market
  • Unconditional date
  • Voting rights
  • Website notification
  • Note on Definitions
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Fourteenth edition
11 December 2023

Updated
11 December 2023

Timeline and revision history

You are viewing the Code as at 11/12/2023
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Alternative versions

  1. 11/12/2023

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Fund manager

A fund manager is a person which manages investment accounts on behalf of another person on a discretionary basis.

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