Common use of DISCLOSURE OF DEALINGS Clause in Contracts

DISCLOSURE OF DEALINGS. For the purpose of the Takeovers Code, the offer period commences on the date of this announcement, being [●] 2019. Associates (as defined under the Takeovers Code) of the Company and the Consortium (including persons who own or control 5% or more of any class of relevant securities issued by the Company or the Consortium) are hereby reminded to disclose their dealings in the securities of the Company pursuant to the Takeovers Code. In accordance with Rule 3.8 of the Takeovers Code, reproduced below is the full text of Note 11 to Rule 22 of the Takeovers Code: “Responsibilities of stockbrokers, banks and other intermediaries Intermediaries are expected to co-operate with the Executive in its dealings enquiries. Therefore, those who deal in relevant securities should appreciate that stockbrokers and other intermediaries will supply the Executive with relevant information as to those dealings, including identities of clients, as part of that co-operation.” In compliance with Rule 3.7 of the Takeovers Code, monthly announcement(s) setting out the progress of the Proposed Transaction and the Possible Offer will be made until an announcement of a firm intention to make an offer under Rule 3.5 of the Takeovers Code or of a decision not to proceed with an offer is made.

Appears in 5 contracts

Samples: Support Agreement (JD.com, Inc.), Support Agreement (Tencent Holdings LTD), Consortium Agreement (Tencent Holdings LTD)

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