Examples of Takeover Regulation Panel in a sentence
Functions of Companies Tribunal 40 Part C Takeover Regulation Panel 196.
Functions of Companies Tribunal 30 Part C Takeover Regulation Panel 196.
Authority to enforce South African laws concerning mergers, acquisitions and changes in corporate control resides with the Takeover Regulation Panel (TRP, formerly Securities Regulation Panel), an entity created by the Companies Act of 1973 (this law was amended in 2007 and in 2009).
This part of the course will be constructed around the Takeover Regulations, and the Rules of the Takeover Regulation Panel as the core documents.
The Takeover Regulation Panel has been furnished with irrevocable unconditional guarantees in compliance with Takeover Regulations 111(4) and (5) from ABSA Bank Limited and FirstRand Bank Limited issued as a stipulatio alteri (contract for the benefit of a third party), for the benefit of each Gameco Shareholder that accepts the Offer and elects the Cash Based Alternative the benefit of which may be accepted by such Gameco Shareholder at any time prior to the expiry of the guarantees.
Sibanye-Stillwater has, as required by section 122(3)(a) of the Act filed the required notice with the Takeover Regulation Panel.
This irrevocable undertaking is given with respect to the Proposed Transaction on the terms summarised herein, including such non-material additions or amendments as may be adopted by the Consortium and/or Ascendis in agreement with the Consortium, and/or such further terms and conditions as may be required by applicable law, rule or regulation including the JSE, the Takeover Regulation Panel, the Companies and Intellectual Property Commission or any other relevant regulatory authority.
Removal of requirement that the Takeover Regulation Panel, the South African Reserve Bank, the Independent Regulatory Board for Auditors, all self-regulatory organisations and the Financial Intelligence Centre must disclose to the board all information in its possession relating to an alleged offence in terms of this Chapter.
The Offer will be open for acceptance from 09:00 on Wednesday, 15 November 2017 and will remain open until the Closing Date; provided that Tsogo may, at its discretion, but subject to the prior approval of the Takeover Regulation Panel and the Gameco Board, elect to make any changes to the dates referred to in this Circular (including extending the Closing Date), in which event, the amended dates will be published on SENS and the South African press.
The Independent Board appointed KPMG as an independent expert acceptable to the Takeover Regulation Panel, to provide appropriate external advice in the form of a fair and reasonable opinion in relation to the Offer.