CodeWord Issue 35 - November 2013
In this issue
The Panel has published guidance on the meaning of “imminent” in rule 38. This rule prohibits the directors of a Code company from taking or permittin…Read More
On 1 June 2013, a number of “technical” amendments were made to the Takeovers Code. CodeWord 34 (May 2013) contains a summary of these amendments.
Rule 3A(2) of the Code provides that:
…if, as a result of a transaction or an event regulated under this Code, a company that previously satisfied su…