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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Takeover Rules Module (TKO) [VER7/02-16]
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  Versions
(1 version)
 
Sep 26 2005 onwards

TKO 5.1.1



Whole Section PDF

The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

It must be the condition of any BidG for voting equity ShareG capital which, if accepted in full, would result in the BidderG holding SharesG carrying over 50% of the voting rights of the TargetG , that the BidG will not become or be declared unconditional as to acceptances unless the BidderG has acquired or agreed to acquire (either pursuant to the BidG or otherwise) SharesG carrying over 50% of the voting rights attributable to:

(a) the equity ShareG capital alone; and
(b) the equity ShareG capital and the non-equity ShareG capital combined.

Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]