- The Takeover Code
- Rules
- Rule 24. Offeror documents
- 24.7 Incorporation of obligations and rights
The Code menu
- 24.1 The offer document
- 24.2 Intentions of the offeror with regard to the business, employees and pension scheme(s)
- 24.3 Financial and other information on the offeror, the offeree company and the offer
- 24.4 Interests and dealings
- 24.5 Directors’ emoluments
- 24.6 Special arrangements
- 24.7 Incorporation of obligations and rights
- 24.8 Cash confirmation
- 24.9 Ultimate owner of securities acquired
- 24.10 Admission to listing and admission to trading conditions
- 24.11 Estimated value of unquoted paper consideration
- 24.12 No set-off of consideration
- 24.13 Arrangements in relation to dealings
- 24.14 Dividends
- 24.15 Incorporation of information by reference
- 24.16 Fees and expenses
2 entries
Practice Statement 10. Cash offers financed by the issue of offeror securities
Practice Statements
Under Rule 2.7(a) of the Takeover Code, an offeror should announce a firm intention to make an offer only when it has every reason to believe that it can and will continue to be able to implement the…
Practice Statement 11. Working capital requirements in cash and securities exchange offers
Practice Statements
From time to time, the Panel Executive is consulted by potential offerors about the acceptability of offer conditions relating to the working capital requirements of the enlarged offeror group after t…