Section 979(2)

If the offeror has, by virtue of acceptances of the offer, acquired or unconditionally contracted to acquire— he may give notice to the holder of any shares to which the offer relates which the offeror has not acquired or unconditionally contracted to acquire that he desires to acquire those shares. not less than 90% in value of the shares to which the offer relates, and in a case where the shares to which the offer relates are voting shares, not less than 90% of the voting rights carried by those shares,

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