- Acquisitions Before Announcement of a Firm Intention to Make an Offer
- TMA-2.23.3- The - offer to the holders of shares of the same class shall not be on less favourable terms, when an- offeror or any person- acting in concert with it has acquired an interest in shares in the- offeree company:(a) Within the three month period prior to the commencement of the- offer period ; or(b) During the period, if any, between an announcement made by the- offeror and the commencement of the- offer period .Amended: October 2019
