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The Takeovers (Amendment) (EU Exit) Regulations 2019

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Amendments to the Companies Act 2006

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11.  In section 971(1)—

(a)omit the definitions of “offeror” and “takeover bid”;

(b)at the appropriate place, insert—

“offeror”, in relation to a takeover bid, means the person making the bid;;

(c)at the appropriate place, insert—

“takeover bid” has the meaning given by paragraph 20(1) of Schedule 1C;;

(d)in the definition of “offer period”, for the words from “giving effect to Article 7.1” to the end substitute “made in accordance with paragraph 13 of Schedule 1C;”;

(e)omit the definition of “the Takeovers Directive”.

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