CmaBylaw
Executive Bylaws
3-2-1 Announcements and Disclosures of Acquisition Offers Of Module Nine: Mergers and Acquisitions
Section: Chapter Three: Acquisitions
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Sunday, 05 February 2017
Without prejudice to the obligation of disclosure set out in these Bylaws, an Offeror and an Offeree company shall disclose the following information: 1. Whether the parties have concluded an Initial Agreement with regard to an Acquisition Offer. 2. If a Person is obliged to submit a Mandatory Acquisition Offer in accordance with the provisions of the Law and these Bylaws. 3. When the Offeree company is notified of a serious intention to submit an unconditional offer. 4. When the Authority approves the publishing of an Offer Document. 5. Any recommendation, when made, of the Board of Directors of the Offeree company concerning the submitted offer. 6. The completion of the Collection Period, disclosing the percentage of Shares collected. 7. The completion of all the procedures for the execution of the Acquisition Offer. 8. Any other disclosure required by the Authority.
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