TKO 5.1 TKO 5.1 The acceptance condition
It must be the condition of any
Bidfor voting equity Sharecapital which, if accepted in full, would result in the Bidderholding Sharescarrying over 50% of the voting rights of the Target, that the Bidwill not become or be declared unconditional as to acceptances unless the Bidderhas acquired or agreed to acquire (either pursuant to the Bidor otherwise) Sharescarrying over 50% of the voting rights attributable to:(a) the equity Sharecapital alone; and(b) the equity Sharecapital and the non-equity Sharecapital combined.
Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]