Offer price determined by book building after floor price fixation under takeover regulation; reference date linked to board meeting notice. Offer price must be determined through book building after fixation of a floor price, with both the floor price and offer price disclosed in the public announcement and letter of offer. The floor price is computed in accordance with the applicable takeover regulation, and the reference date for that computation is the date on which stock exchanges were required to be notified of the board meeting considering the delisting proposal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Offer price determined by book building after floor price fixation under takeover regulation; reference date linked to board meeting notice.
Offer price must be determined through book building after fixation of a floor price, with both the floor price and offer price disclosed in the public announcement and letter of offer. The floor price is computed in accordance with the applicable takeover regulation, and the reference date for that computation is the date on which stock exchanges were required to be notified of the board meeting considering the delisting proposal.
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