Entire Section
TKO A1.3 TKO A1.3 Disclosure of shareholdings and dealings
TKO A1.3.1
The
Bidder must disclose:(a) the shareholdings of theBidder in theTarget ;(b) the holdings ofSecurities in theBidder (in the case of aSecurities Exchange Bid only) and in theTarget in which eachDirector of theBidder is directly or indirectly interested;(c) the holdings ofSecurities in theBidder (in the case of aSecurities Exchange Bid only) and in theTarget which anyPerson acting in concert with theBidder owns or controls, together with the name of suchPerson acting in concert;(d) the holdings ofSecurities in theBidder (in the case of aSecurities Exchange Bid only) and in theTarget owned or controlled by anyPerson who, prior to the posting of theBid Document , has irrevocably committed himself to accept theBid , together with the name of suchPerson .
Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]TKO A1.3.2
If in any of the above categories there are no holdings of
Shares orSecurities , this fact must be stated, provided that this does not apply to the category in TKO A1.3.1(d) if there are no such irrevocable commitments.
Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]TKO A1.3.3
If any
Person whose holdings ofShares orSecurities are required by this Section to be disclosed has dealt for value in theShares in question during the period beginning six months prior to theBid Period and ending with the latest practicable date prior to the posting of theBid Document , the details, including dates and prices, must be stated. If no such dealings have taken place, this fact must be stated.
Derived from DFSA RM23/2005 (Made 26th September 2005). [VER1/09-05]