- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)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—
rules under section 943(1) giving effect to Article 7.1 of the Takeovers Directive, or
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—
an opting-in resolution has effect, and
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.
(2)For the purposes of this Chapter—
(a)securities of a company are treated as shares in the company if they are convertible into or entitle the holder to subscribe for such shares;
(b)debentures issued by a company are treated as shares in the company if they carry voting rights.
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: