TKO 3.1.1

Subject to Rules TKO 4.3.1 and TKO 5.2.1, when a Bidder or any Person acting in concert with it has acquired Shares in the Target:

(a) within the six month period prior to the commencement of the Bid Period; or
(b) during the period, if any, between the commencement of the Bid Period and an announcement made by the Bidder in accordance with TKO Section 2.4;

the Bid to the shareholders of the same class must not be on less favourable terms.

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