TMA-B.2.7

Past version: Effective from 01 Apr 2013 to 30 Sep 2019
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Connected Fund Manager and Connected Principal Trader: A fund manager or principal trader will be connected with an offeror or the offeree company, as the case may be, if the fund manager or principal trader controls, is controlled by or is under the same control as:

(a) An offeror;
(b) The offeree company;
(c) Any bank or financial or other professional adviser (including a stockbroker) to an offeror or the offeree company; or
(d) An investor in a consortium formed for the purpose of making an offer.
Amended: April 2013