The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

6.  The consideration for the shares or debentures must be—U.K.

(a)cash; or

(b)in the case of an offeror which is a body corporate other than an open-ended investment company, either cash or shares in, or debentures of, the body corporate or any combination of such cash, shares or debentures.