Issue 20

CodeWord Issue 20 - May 2007

In this issue

Technical amendments to the Takeovers Code

The Takeovers Code is amended by the Takeovers Code Approval Amendment Regulations 2007 which come into force on 1 July 2007. This CodeWord explains t...

Changes relating to shareholder meetings for approving acquisitions or allotments

Notices of shareholder meetings – statement of voting securities of acquirers or allotteesWhere the acquisition or allotment of parcels of shares in a...

Changes relating to takeovers

Form and content of the draft offer accompanying the takeover notice and of the formal takeover offer sent to shareholders.Determining all the classes...

Clarification of some rules and some miscellaneous technical adjustments

Partial offersRules 9 and 10 contain the Code’s general provisions about partial offers. Partial offers may be for a specified percentage of the votin...

Transitional arrangements and References

The amendment regulations include transitional arrangements. The technical amendments to the Code will not apply in respect of any of the following:

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