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CBB Rulebook: Contents

  • Common Volume
  • Central Bank of Bahrain Volume 1—Conventional Banks
  • Central Bank of Bahrain Volume 2—Islamic Banks
  • Central Bank of Bahrain Volume 3—Insurance
  • Central Bank of Bahrain Volume 4—Investment Business
  • Central Bank of Bahrain Volume 5—Specialised Licensees
  • Central Bank of Bahrain Volume 6—Capital Markets
    • Part A
      • Introduction
      • Institutions
      • Market Standards
        • OFS — Offering of Securities
        • TMA — Take-overs, Mergers and Acquisitions
          • TMA-A Introduction
          • TMA-B Scope of Application
          • TMA-1 General Principles
          • TMA-2 Rules
          • TMA-3 Types of Offer
            • TMA-3.1 Mandatory Offer
            • TMA-3.2 Partial Offer
            • TMA-3.3 Voluntary Offer
              • TMA-3.3.1
              • TMA-3.3.2
              • TMA-3.3.3
              • TMA-3.3.4
              • TMA-3.3.5
              • TMA-3.3.6
              • TMA-3.3.7
              • Pre-Condition in Firm Offer Announcements and Offer Conditions
                • TMA-3.3.8
                • TMA-3.3.9
                • TMA-3.3.10
              • Acceptability of Pre-Conditions
              • Invoking Conditions and Pre-Conditions
              • Invoking Offeree Protection Conditions
            • TMA-3.4 Compulsory Acquisitions (Squeeze-Out), Sell-Out and Delisting
            • TMA-3.5 [This Section was deleted in October 2019].
            • TMA-3.6 Restrictions Following an Offer
          • TMA-4 Share Repurchases
          • Appendices
        • MAM — Prohibition of Market Abuse and Manipulation
        • MIE — Market Surveillance, Investigation & Enforcement
        • AML — Anti-Money Laundering & Combating Financial Crime
        • TC — Training and Competency
      • Ongoing Obligations
      • High Level Standards
      • Dispute Resolution and Investor Protection
      • International Co-operation
    • Part B
    • Quarterly Updates
    • Ad-hoc Communications
    • Archive
  • Central Bank of Bahrain Volume 7—Collective Investment Undertakings
  • Bahrain Bourse (BHB) Material
  • Central Bank of Bahrain and Financial Institutions Law 2006
  • Bahrain Anti Money Laundering Law 2001
  • Regulation Governing Collective Investment Schemes June 2003
  • Bahrain Stock Exchange Law 1987
  • Bahrain Financial Trust Law 2006
  • Bahrain Insurance Law 1987
  • Bahrain Monetary Agency Law 1973
  • Commercial Companies Law 2001
  • CBB Disclosure Standards
  • CBB Debt Securities Guidelines
  • Ministerial Order — Money Laundering
  • CBB Resolution on Dissemination of Listed Companies' Financial Statements and Board of Directors' Meetings
  • CBB Regulations and Resolutions
  • The Corporate Governance Code of the Kingdom of Bahrain
  • Archive
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Breadcrumb

  1. Central Bank of Bahrain Volume 6—Capital Markets
  2. Part A
  3. Market Standards
  4. TMA — Take-overs, Mergers and Acquisitions
  5. TMA-3 Types of Offer
  6. TMA-3.3 Voluntary Offer
  7. Pre-Condition in Firm Offer Announcements and Offer Conditions
  8. TMA-3.3.8
  Versions

 
  • Jan 01 2009 - Sep 30 2019
  • Oct 01 2019
‹ Pre-Condition in Firm Offer Announcements and Offer Conditions TMA-3.3.9 ›

TMA-3.3.8

An offer must not normally be subject to conditions or pre-conditions which depend solely on subjective judgements by the directors of the offeror or of the offeree company (as the case may be) or the fulfillment of which is in their hands.

Amended: October 2019
‹ Pre-Condition in Firm Offer Announcements and Offer Conditions TMA-3.3.9 ›

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