# The Takeovers Directive (Interim Implementation) Regulations 2006, Paragraph 10: Debentures carrying voting rights


(1) For the purposes of this Schedule debentures issued by a company to which sub-paragraph (2) applies shall be treated as shares in the company if they carry voting rights.
(2) This sub-paragraph applies to a company that has voting shares, or debentures carrying voting rights, which are admitted to trading on a regulated market.
(3) In this Schedule, in relation to debentures treated as shares by virtue of sub-paragraph (1)—
(a) references to the holder of shares or a shareholder shall be construed accordingly;
(b) references to shares being allotted shall be construed as references to debentures being issued.

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Source: https://www.legislation.gov.uk/uksi/2006/1183/schedule/2/paragraph/10 (the official version)
Page: https://openlegislation.uk/takeovers-directive-interim-implementation-regulations-2006/schedule-2/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.