Herbert Smith Freehills Kramer Podcasts podcast

Public M&A EP35: Panel Practice Statement on unlisted share alternatives

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In this episode, we talk about Practice Statement 36 https://code.thetakeoverpanel.org.uk/tp/ps/ps-36.html which has recently been published by the UK Takeover Panel on unlisted share alternatives. Topics we discuss include: - what terms for an unlisted share alternative are acceptable, and what is not acceptable; - what rights can be attached to the shares; and - the disclosure required.

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