CodeWord Issue 14 - April 2005

In this issue

Associates and Acquisitions

The Takeovers Code is concerned with transactions that cause a person to become the holder or controller of an increased percentage of voting rights i...

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Examples of association

Bridgecorp Capital LimitedIn late 2004 Bridgecorp Capital Limited acquired 19.99% of the voting rights in Dorchester Pacifi c Limited from Mr Brent Ki...

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Lock-up agreements and Shareholder powers

The Code and Lock-up agreementsThe Panel has made it clear that lock-up agreements (entry into an agreement under which one party is agreeing to make ...

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Consequences of associate status

It is important to emphasise that it is not a breach of the Code to become associates. What is important are the consequences of that status. Parties ...

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