CodeWord Issue 39 - April 2015
Please note that the Panel does not update past issues of CodeWord. As such, the material may become out of date over time. Please refer to the Panel's guidance notes for up-to-date regulatory guidance.
In this issue
Lock-up agreements and shareholders’ agreements – are the parties ‘associates’?
Parties to lock-up agreements and shareholders’ agreements need to take care to ensure that they adhere to the fundamental rule of the Code (i.e., no …
Read MoreThe scope of the Takeovers Code (Trustees of Family Trusts) Exemption Notice 2012 has been clarified
The Takeovers Code (Trustees of Family Trusts) Exemption Notice 2012 has been amended. The Exemption exempts any person who becomes a trustee of a fam…
Read MorePanel resolves to approve class exemption for small Code companies
The Panel met on 14 April 2015 to consider the results of its consultation on a proposed class exemption for persons who increase their holding or con…
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