2: BIDDING PROCEDURE—PRE-ANNOUNCEMENT PERIOD(a) Introduction172 Stages of bidThe procedure for putting in a bid for a target company which is a public company, as laid down by the City Code and in appropriate circumstances by the Listing Rules, falls into the following three broad stages:172.1 Pre-announcement: The first stage is the period during which the possibility of the bid is not common knowledge. It usually ends when an announcement of a possible or proposed offer is made in accordance with the City Code.172.2 Offer period: The second stage is the period
The procedure for putting in a bid for a target company which is a public company, as laid down by the City Code and in appropriate circumstances by the Listing Rules, falls into the following three broad stages:
Pre-announcement: The first stage is the period during which the possibility of the bid is not common knowledge. It usually ends when an announcement of a possible or proposed offer is made in accordance with the City Code.
Offer period: The second stage is the period
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
0330 161 1234