Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can the Deposited Shares represented by the IDRs be compulsorily acquired?

0
Posted

Can the Deposited Shares represented by the IDRs be compulsorily acquired?

0

In the event that, pursuant to a takeover offer or otherwise, any person acquires 90% or more of the Shares, that person is entitled under the UK Companies Act to compulsorily acquire any Shares held by any person, including Deposited Shares represented by IDRs.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.