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TMA-2.23.3

Past version: Effective from 01 Jan 2009 to 30 Sep 2019
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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.