985 Effect of requirement under section 983
985 Effect of requirement under section 983
Companies Act 2006 | Legislation

(1)     Subject to section 986, this section applies where a shareholder exercises his rights under section 983 in respect of any shares held by him.

(2)     The offeror is entitled and bound to acquire those shares on the terms of the offer or on such other terms as may be agreed.

(3)     Where the terms of an offer are such as to give the shareholder a choice of consideration—