Examples of Takeover Code in a sentence
This Announcement has been prepared for the purposes of complying with English law, the rules of the London Stock Exchange and the Takeover Code and the information disclosed may not be the same as that which would have been disclosed if this Announcement had been prepared in accordance with the laws and regulations of any jurisdictions outside England and Wales.
In accordance with Rule 2.9 of the Takeover Code, Xxxxxxx confirms that, as at the date of this Announcement, it has in issue 184,198,746 ordinary shares of 1 xxxxx each.
In accordance with Rule 2.9 of the Takeover Code, CareTech confirms that, as at the date of this Announcement, it has in issue 75,691,423 ordinary shares of 0.5 xxxxx each.
The circumstances under which Shareholders (including Directors) and persons acting in concert with them respectively will incur an obligation to make a general offer under Rule 14 after a purchase or acquisition of Shares by the Company are set out in Rule 14 and Appendix 2 of the Takeover Code (“ Appendix 2”).
The resultant increase in the percentage of voting rights held by a Shareholder and persons acting in concert with him, following the purchase of Shares by the Company, will be treated as an acquisition for the purposes of Rule 14 of the Takeover Code (“ Rule 14”).