Limited Partnerships and Control of Code Company Voting Rights

Guidance|Published Nov 18, 2019

IntroductionLimited partnerships (LPs) are increasingly common in New Zealand, including as investment vehicles that acquire or otherwise hold or control shares in Code companies.

This article...

Read More

Vector Limited - Exemption Notice 2019

Exemptions|Published Nov 6, 2019

Every person who becomes a trustee, or is a trustee, of Entrust is exempted from rule 6(1) of the Code in relation to any increase in that person’s voting control as a result of being appointed as a...

Read More

Panel Comments on New Zealand Oil & Gas Scheme Complaints - October 2019

About the Panel|Published Oct 29, 2019

The Takeovers Panel has recently received, and investigated, several complaints from various shareholders of New Zealand Oil & Gas Limited (NZO) in relation to the proposed acquisition of minority...

Read More

Defensive Tactics

Guidance|Published Sep 9, 2019

This Guidance Note addresses:

the implications of the Code’s rules on defensive tactics for directors of target companies (or Code companies that could become target companies);
the grounds on which...

Read More