OpenLegislation

Paragraph 14

United Kingdom

(1)

The securities are shares and are offered free of charge to any or all of the holders of shares in the issuer.

(2)

“Holders of shares” means the persons who at the close of business on a date—

(a)

specified in the offer, and

(b)

falling within the period of 60 days ending with the date on which the offer is first made,

were holders of such shares.

Notes on Schedule 11

Textual amendments

F1

Sch. 11 repealed (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 16