Takeover Code—Rule 19—Information
Takeover Code—Rule 19—Information

The following Corporate practice note provides comprehensive and up to date legal information covering:

  • Takeover Code—Rule 19—Information
  • Mini-index
  • Rule 19—Setting the scene
  • Rule 19.1—Standards of care
  • Notes on Rule 19.1—Standards of care
  • Note 1 on Rule 19.1—Standards of care
  • Note 3 on Rule 19.1—Standards of care
  • Note 4 on Rule 19.1—Standards of care
  • Rule 19.2—Responsibility
  • Rule 19.3—Unacceptable statements
  • More...

Takeover Code—Rule 19—Information

This Resource Note outlines the main provisions of Rule 19 of The City Code on Takeovers and Mergers (Code) and highlights relevant materials, commentary and guidance from the Panel on Takeovers and Mergers (Panel), as well as Lexis®PSL analysis and resources, to give practical guidance on the interpretation and application of Rule 19.

Materials covered in this Resource Note include:

  1. detailed notes accompanying the Code (Notes), which expand on the intended manner of the implementation of the Rules and relevant Appendices dealing with specific issues

  2. Practice Statements issued by the Panel Executive (the body that carries out the day-to-day work of takeover supervision and regulation of the Code) (Executive) to provide informal guidance as to how the Executive normally interprets and applies the Code

  3. Panel Statements published by the Panel (P/S) and Panel Instruments

  4. Public Consultation Papers (PCP) and Response Statements (RS) published by the Code Committee

  5. relevant Lexis®PSL and LexisLibrary resources

Mini-index

Rule 19—Setting the scene

Rule 19.1—Standards of care

Notes on Rule 19.1—Standards of care

Rule 19.2—Responsibility

Rule 19.3—Unacceptable statements

Note on Rule 19.3—Statements of support

Rule 19.5—Post-offer undertakings

Rule 19.6—Post-offer intention statements

Rule 19—Related Code Rules, Notes and Appendices

Rule 19—Setting the scene

Link to Rule 19 and Notes on Rule 19Code
What it coversRule 19 deals with the standards of care and accuracy and responsibility for publication of information during an offer.
ApplicationRule 19 is applicable

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