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Takeovers Panel

CLASS EXEMPTIONS FOR BUYBACKS

A CONSULTATION PAPER ISSUED BY THE TAKEOVERS PANEL

May 2009

CONTENTS

• INTRODUCTION
• PROBLEM IDENTIFICATION
• Background
• Status quo
• Issues with clause 4 of the Class Exemptions
• OBJECTIVE
• OPTIONS
• ANALYSIS OF PREFERRED OPTION
• SUBMISSIONS
• APPENDIX 1
• Current wording of the clause 4 class exemption
• APPENDIX 2
• Proposed amended wording of the clause 4 class exemption
• APPENDIX 3: QUESTIONNAIRE

Download the consultation paper as a PDF file (155 KB)