Section 978(1)

Where there are holders of shares in a company to whom an offer to acquire shares in the company is not communicated, that does not prevent the offer from being a takeover offer for the purposes of this Chapter if— those shareholders have no registered address in the United Kingdom, the offer was not communicated to those shareholders in order not to contravene the law of a country or territory outside the United Kingdom, and either— the offer is published in the Gazette, or the offer can be inspected, or a copy of it obtained, at a place in the United Kingdom or on a website, and a notice is published in the Gazette specifying the address of that place or website.

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