Notes on Rule 22
Qualifying periods
Provisions in articles of association which lay down a qualifying period after registration during which the registered holder cannot exercise its votes are highly undesirable.
Rule 2.11
Where, following the commencement of an offer period, the offeree company has sent a person a copy of an announcement or a circular in accordance with the provisions of Rule 2.11, there is no requirement to send that person a separate explanation of their disclosure obligations under Rule 8 in accordance with Rule 22.2 or Rule 22.3.