9911796707
TMI BlogContents of the public announcement of offer.X X X X Extracts X X X X X X X X Extracts X X X X ..... or 12 shall contain the following particulars, namely:- (i) the paid-up share capital of the target company, the number of fully paid-up and partly paid-up shares; (ii) the total number and percentage of shares proposed to be acquired from the public, subject to a minimum as specified in sub-regulation (1) of regulation 21; (iii) the minimum offer price for each fully paid-up or partly paid-up ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agreement to acquire the shares or the consideration, monetary or otherwise, for the acquisition of control over the target company, as the case may be; (viii) the highest and the average price paid by the acquirer or persons acting in concert with him for acquisition, if any, of shares of the target company made by him during the twelve months period prior to the date of public announcement; ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... company except with the prior approval of the shareholders;] (x) the "specified date" as mentioned in regulation 19; (xi) the date by which individual letters of offer would be posted to each of the shareholders; (xii) the date of opening and closure of the offer and the manner in which and the date by which the acceptance or rejection of the offer would be communicated to the shareholders; (x ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hange Regulation Act, 1973 (46 of 1973), and/or any other applicable laws; (xvii) approvals of banks or financial institutions required, if any; (xviii) whether the offer is subject to a minimum level of acceptances from the shareholders; and (xix) such other information as is essential for the shareholders to make an informed decision in regard to the offer. ----------------- Notes: 1. Inse ..... X X X X Extracts X X X X X X X X Extracts X X X X
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