Section 975(4)

The condition in section 974(2) is treated as satisfied where— the offer does not extend to shares that associates of the offeror hold or have contracted to acquire (whether unconditionally or subject to conditions being met), and the condition would be satisfied if the offer did extend to those shares. (For further provision about such shares, see section 977(2)).

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