CodeWord Issue 46 - March 2018

Published 1 March 2018

In this issue

Update to Guidance Notes

The Panel has recently updated its Guidance Note on Independent Advisers (the IA Guidance Note) and Guidance Note on Target Company Statements (the TCS Guidance Note). The changes were made following...

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Class Exemption from Rule 46(1)

The Takeovers Panel has granted an exemption from rule 46(1)(a)(ii)(A) of the Code which requires a target company to send a target company statement (TCS), including an independent adviser’s report...

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Takeovers Panel welcomes new General Counsel

The Panel recently announced the appointment of Mark Cunliffe as General Counsel to the Panel.

Mr Cunliffe joins the Panel from Bell Gully, where he held the position of Senior Associate in the...

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CodeWord is our regularly published newsletter that keeps market practitioners updated on the Panel’s guidance and determinations, as well as amendments to takeovers law. It also gives an overview of consultations with the market and any Panel news.

Subscribe to CodeWord here. 

Past Issues

CodeWord Issue 46 - 1 March 2018
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CodeWord Issue 45 - 1 December 2017
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CodeWord Issue 44 - 1 June 2017
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CodeWord Issue 43 - 1 December 2016
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CodeWord Issue 42 - 1 October 2016
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CodeWord Issue 41 - 1 December 2015
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CodeWord Issue 40 - 1 September 2015
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CodeWord Issue 39 - 1 April 2015
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CodeWord Issue 38 - 1 March 2015
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CodeWord Issue 37 - 1 October 2014
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