CodeWord Issue 25B - July 2010

In this issue

Guidance Note – Timing Rules in the Code

The purpose of this guidance note is to advise market participants on the Panel’s interpretation and application of the rules in the Code…

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Guidance Note – Rule 7(E) of the Code and Joint Holders or Controller of Voting Rights

The Panel wishes to clarify the application of rule 7(e) of the Code to joint holders or controllers of voting rights in a Code company (for example, …

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Delegation to Panel Executive to Decide Straightforward Applications for Approval to Act as an Independent Adviser

The Panel has delegated to the Panel’s executive staff, the Panel’s power to approve independent advisers under the Takeovers Code. This has been achi…

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