In this Chapter—

• “offeror” and “takeover bid” have the same meaning as in the Takeovers Directive;

• “offer period”, in relation to a takeover bid, means the time allowed for acceptance of the bid by—

  1. a

     rules under section 943(1) giving effect to Article 7.1 of the Takeovers Directive, or

  2. b

     where the rules giving effect to that Article which apply to the bid are those of an EEA State other than the United Kingdom, those rules;

• “opted-in company” means a company in relation to which—

  1. a

     an opting-in resolution has effect, and

  2. b

     the conditions in section 966(2) and (4) continue to be met;

• “opting-in resolution” has the meaning given by section 966(1);

• “opting-out resolution” has the meaning given by section 966(5);

• “the Takeovers Directive” means Directive 2004/25/EC of the European Parliament and of the Council;

• “voting rights” means rights to vote at general meetings of the company in question, including rights that arise only in certain circumstances;

• “voting shares” means shares carrying voting rights.