Versions

 

TKO 5.1.1

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

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

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