R2.7 Announcement definition
R2.7 Announcement means the announcement of a firm intention to make an offer in the Agreed Form to be released on or around the date of this Agreement by Bidco pursuant to Rule 2.7 of the Code;
Examples of R2.7 Announcement in a sentence
Intact, through Bidco, an acquisition bid vehicle incorporated and wholly-owned by Intact, intends to acquire the entire issued, and to be issued, share capital of RSA on the terms of the R2.7 Announcement (as defined below).
Tryg acknowledges and accepts that Bidco and Intact will make the R2.7 Announcement in full reliance on a number of matters including Tryg's entry into, and compliance with its obligations under, this Agreement (including but not limited to its obligations under clause 5 to procure that the Consideration Shares are issued by ScandiJVCo to Codan Holdings) and the Tryg SPA.