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Article 65 Takeovers of relevant unlisted companies: warrants etc.

The financial promotion restriction does not apply to any communication which—

(a)

is communicated at the same time as, or after, a takeover offer for a relevant unlisted company is made; and

(b)

relates to investments falling within paragraph 17 or 18 of Schedule 1 so far as relating to the shares in or debentures of the unlisted company which are the subject of the offer.