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.

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Past Issues

CodeWord Issue 06 - 1 September 2002
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CodeWord Issue 05 - 1 May 2002
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CodeWord Issue 04 - 1 December 2001
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CodeWord Issue 03 - 1 September 2001
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CodeWord Issue 02 - 1 June 2001
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CodeWord Issue 01 - 1 February 2001
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