‹ TMA-3.3 Voluntary Offer TMA-3.3.2 › TMA-3.3.1 A voluntary offer is a take-over offer for the voting shares of a company made by a person when he has not incurred an obligation to make a mandatory offer for the offeree company under TMA-3.1.1. Amended: October 2019 ‹ TMA-3.3 Voluntary Offer TMA-3.3.2 ›