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<h1>Open offer disclosure requirements must include acquirer identity, offer price, offer size, conditions and delisting intention.</h1> Regulation 15 requires the public announcement to state acquirer and persons acting in concert, sellers if any, the nature and mode of acquisition, the consideration and price per share where applicable, the offer price and mode of payment, offer size and any minimum acceptance conditions, and the acquirer's intention to delist or retain listing with required delisting price disclosures and rationale. The detailed public statement must enable shareholders to make an informed decision and all related communications must not omit relevant information or be misleading.