TKO 6.1.1

Where a Target has more than one class of Shares as its capital, the Bidder must:

(a) make a fair and appropriate Bid, having regard to current circumstances, for each class whether such capital carries voting rights or not;
(b) consult the DFSA in advance of such a Bid being made; and
(c) ensure that a Bid for non-voting Shares is not conditional on any particular level of acceptances in respect of that class unless the Bid for the voting Shares is also conditional on the success of the Bid for the non-voting Shares.

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