Schedule 1C, Part 1, paragraph 4

False markets must not be created in the securities of— the offeree company, if the offeror is a company, that company, or any other company concerned by the takeover bid, in such a way that the rise or fall of the prices of the securities becomes artificial and the normal functioning of the markets is distorted.

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Source: legislation.gov.uk · retrieved 2026-09-04