Examples of Takeovers Code in a sentence

As a result, a Shareholder, or a group of Shareholders acting in concert (as defined in the Takeovers Code), could obtain or consolidate control of the Company and become(s) obliged to make a mandatory offer in accordance with Rule 26 of the Takeovers Code.
If a Shareholder’s proportionate interest in the voting rights of the Company increases as a result of the Company exercising its powers to repurchase Shares pursuant to the Repurchase Mandate, such an increase will be treated as an acquisition for the purpose of Rule 32 of the Takeovers Code.
Save as aforesaid, the Directors are not aware of any consequence which may arise under the Takeovers Code as a consequence of any repurchase of Shares under the Repurchase Mandate.
In the event that the Directors will exercise in full the Repurchase Mandate, the interests in the Company of each of Xx. Xxx, Xx. Xxx and Jumbo Planet would be increased to approximately 83.33% of the total number of the issued Shares and such increase will not give rise to any obligation to make a mandatory offer under Rule 26 of the Takeovers Code.

More Definitions of Takeovers Code

Takeovers Code means the Codes on Takeovers and Mergers and Share

Takeovers Code means the Codes on Takeovers and Mergers and Share Buy-backs

Takeovers Code means The Codes and Takeovers and Mergers and Share Buy-backs issued by the Securities and Future Commission of Hong Kong; and

Takeovers Code means the takeovers code in the Takeovers Code Approval Order 2000;

Takeovers Code means the Code on Takeovers and Mergers;

Takeovers Code means the Codes on Takeovers and Mergers and Share Buy-backs issued by the SFC;

Takeovers Code means the takeovers code set out in the schedule to the Takeovers Regulations 2000 (SR2000/210), as amended by any applicable exemption granted by the Takeovers Panel under the Takeovers Act 1993.