CodeWord Issue 45 - December 2017

In this issue

Failure to comply with an exemption condition

Where an exemption from the Code relates to ongoing increases of voting control over a period of time, the exemption may contain ongoing disclosure co…

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Removal of certification requirements in Scheme documents

The Panel’s Guidance Note on Schemes of Arrangement states that the standard of disclosure required by the Panel in a scheme of arrangement will be eq…

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Appointments and departures

The Panel recently announced the appointment of Andrew Hudson to the position of Chief Executive of the Panel, effective from 26 October 2017.

Mr Hud…

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Christmas closedown

The Takeovers Panel offices will be closed from 22 December 2017, and will reopen on 8 January 2018. While the office is closed, the Panel’s senior ex…

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