Payment of consideration

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Full Text of the Document

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.... would, together with cash transferred under clause (b) of sub-regulation (10) of regulation 17, make up the entire sum due and payable to the shareholders as consideration payable under the open offer, and empower the manager to the offer to operate the special escrow account on behalf of the acquirer for the purposes under these regulations. (2) Subject to provisos to sub-regulation (11) of reg....