Paragraph 5 F1
An offeror must announce a takeover bid only after—
(a)
ensuring that the offeror can fulfil in full any cash consideration, if such is offered, and
(b)
taking all reasonable measures to secure the implementation of any other type of consideration.
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))