Exemptions

Retrospective exemption from rule 6(1) of the Code for certain Smith & Caughey Holdings Limited (Smith & Caughey) shareholders in respect of increases in voting control resulting from certain share transfers which occurred after the expiry of the Takeovers Code (Smith & Caughey Holdings Limited) Exemption Notice 2018.

Exemption from rule 6(1) of the Code for Smith & Caughey shareholders in respect of increases in voting control after the grant of the exemption arising as a result of share transfers under the pre-emptive rights regime set out in Smith & Caughey’s constitution.