CodeWord Issue 51 - September 2020

In this issue

Be careful with the Code if you hold shares through different entities

The Panel reminds market participants that they need to consider the position of associates when calculating the holding or control of voting rights (...

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New Class Exemption – Voting Agreements for Schemes of Arrangement

The Panel has granted the Takeovers Code (Voting Agreements for Schemes of Arrangement) Exemption Notice 2020 (the Class Exemption) in respect of voti...

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Guidance Update

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

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COVID-19 Class Exemption

In March 2020, the Panel granted temporary class exemptions from the Code aimed at assisting Code companies in raising capital. These exemptions expir...

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No more cheques

The Panel has updated its payment policy and is no longer accepting cheques as a method of payment for its fees (including application fees). Instead,...

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