Paragraph 1 F1
(1)
All holders of the securities of an offeree company of the same class must be afforded equivalent treatment.
(2)
If a person acquires control of a company, the other holders of securities must be protected.
Annotations
Textual amendments
- F1
Sch. 1C inserted (31.12.2020) by The Takeovers (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/217), reg. 1, Sch.; 2020 c. 1, Sch. 5 para. 1(1)
Notes on Schedule 1C
Modifications
- C1
Sch. 1C applied (31.12.2020) by S.I. 2009/2436, Sch. 1 para 14(A1) (as inserted by The Takeovers (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/217), regs. 1, 20; 2020 c. 1, Sch. 5 para. 1(1))