TMA-3.1.9

Past version: Effective from 01 Jan 2009 to 31 Mar 2013
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Except with the consent of CBB:

(a) An offeror shall not include any other condition in a mandatory offer other than the condition that the offer is subject to the offeror having received acceptances which would result in the offeror and all persons acting in concert with the offeror holding in aggregate more than 50% of the voting shares to which the takeover offer relates.
(b) No acquisition of any interest in shares which would give rise to a requirement for a mandatory offer may be made, if it is dependent on the passing of a resolution at any meeting of the shareholders of the offeror or upon any other conditions, consents or arrangements.