Amendments to the Companies Act 200611

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”.