An Offeror shall notify the Authority of any Initial Agreement concerning an Acquisition Offer of a Listed Company before disclosure in an Exchange; such notification shall be accompanied by an acknowledgment to pursue this offer, and that it has taken all necessary procedures in order to proceed with the acquisition process, and in the event of withdrawal for reasons unacceptable to the Authority, the Offeror shall be responsible for any damages that may occur to any Person as a result of such withdrawal and the Authority may require the Offeror to submit any other guarantees to ensure the Offeror’s commitment.