CodeWord Issue 48 - March 2019

In this issue

Partial Offers - Specified Percentage

The Panel recently considered whether: (a) the Code permits a partial offer to successfully close with an offeror having acquired less than the specif...

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Guidance Update

The Panel has recently updated a number of Guidance Notes. Available on the Panel’s website are the new versions, as well as compare versions showing ...

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New Panel Member Appointments

In January 2019 the Panel announced the appointments of Anna Buchly and Martin Stearne to the Takeovers Panel. These new appointments were effective f...

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Extension of 6-month period in the Class Exemptions Notice

The Panel has recently amended the Class Exemptions Notice (No 2) 2001. The amendments follow targeted market consultation and extend the 6-month top-...

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