Amendments to the Companies Act 2006
This section has no associated Explanatory Memorandum
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”.