Control Position Warning
TMA-3.2.7
In the case of a
partial offer which could result in theofferor holding more than 50% of the voting rights of theofferee company, then this must be included in a prominent manner in theoffer document .Amended: October 2019TMA-3.2.8
Where a
partial offer made for a company with more than one class of equity share capital could result in theofferor and personsacting in concert with it being interested in shares carrying 30% or more of the voting rights, a comparableoffer must be made for each class.Amended: October 2019