TMA-2
Rules
- TMA-2.1 Communication of the Offer
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TMA-2.2
Independent Advice and Shareholder Approval
- Appointment of Advisors by Offeree
- In-Eligible Professional Adviser(s)
- Advice to Independent Shareholders
- Independent Committee
- Shareholder Votes to be Conducted by Way of a Poll
- Approval of Delistings by Independent Shareholders
- Board of Offeror Company
- Offers for Companies that Control the Offeror
- Conflicting Views
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TMA-2.3
Announcement of Offer or Possible Offer
- Announcement to be Made by Offeror
- Announcements to be Made by Potential Vendor
- Suspension of Trading
- Announcements of Certain Purchases
- Publication of an Announcement about an Offer or Possible Offer
- Announcement to be Made by Offeree
- Firm Intention to Make an Offer by Offeror
- Preconditions
- Announcement of the Progress of the Offer
- Statements of Intention Not to Make an Offer
- TMA-2.4 No Frustrating Action
- TMA-2.5 No Withdrawal of an Offer
- TMA 2.6 Information to Offeror(s)
- TMA 2.7 Timing and Content of Documents
- TMA-2.8 The Offeree's Director Responsibilities
- TMA-2.9 Profit Forecast and Other Financial Information
- TMA-2.10 Asset Valuation
- TMA-2.11 Issuance of Documents
- TMA-2.12 Offers for More than One Class of Equity Shares
- TMA-2.13 Appropriate Offers for Convertibles
- TMA-2.14 Offer Timetable
- TMA-2.15 Revised and Alternative Offers
- TMA-2.16 Acceptors' Right to Withdraw
- TMA-2.17 Statements during Course of Offer
- TMA-2.18 Announcement of Result of Offer
- TMA-2.19 Settlement of Consideration and Share Transfer
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TMA-2.20 Restrictions on Dealings before and during the Offer
- Restrictions on Dealings Before the Offer
- No-Profit Arrangement
- Restrictions on Dealings during an Offer
- Restriction on Dealings by Offeror during Non-Cash Offers
- Restrictions on Dealings by a Competing Offeror
- Dealings After Termination of Discussions
- Dealings in Offeree Company Securities by Certain Offeree Company Associates
- Gathering Irrevocable Commitments
- TMA-2.21 Disclosure of Dealings During Offer Period
- TMA-2.22 When Cash Offer is Required
- TMA-2.23 Purchases at Above Offer Price
- TMA-2.24 Provision for Escrow
- TMA-2.25 No Special Deals or Arrangements with Selected Shareholders
- TMA-2.26 Proxies