Document ID: chunk:federal_register_of_legislation:C2004A03309:body:0:p6
Version: federal_register_of_legislation:C2004A03309
Segment Type: other
Provision Reference: 
Character Range: 12566–15195

shares') has been made to a person under a take-over scheme under which take-over offers have been made in accordance with sub-paragraph 16 (2) (a) (ii),
and another person was at the time when the original offer was made, or becomes at any time during the period during which the original offer remains open and before the original offer is accepted, the holder of, or entitled to be registered as the holder of, shares (in this sub-section referred to as the 'transferred shares'), being some or all of the relevant shares, the offeror shall be deemed—
(c) to have made at that time to the other person a corresponding take-over offer relating to—
(i) in a case where paragraph (a) applies—the transferred shares; or
(ii) in a case where paragraph (b) applies—that proportion of the transferred shares;
(d) to have made at that time to the person referred to in paragraph (a) or (b), as the case may be, a corresponding take-over offer relating to—
(i) in a case where paragraph (a) applies—such (if any) of the relevant shares as are shares other than the transferred shares; or

(ii) in a case where paragraph (b) applies—that proportion of such (if any) of the relevant shares as are shares other than the transferred shares; and
(e) notwithstanding section 21, to have withdrawn, immediately after that time, the original offer.

Acceptance of take-over offers by trustees, nominees, &c.
"25a. (1) Where—
(a) a take-over offer (in this sub-section referred to as the 'original offer') relating to particular shares (in this sub-section referred to as the 'relevant shares') included in a class of shares in a company has been made to a person under a take-over scheme under which take-over offers have been made in accordance with sub-paragraph 16 (2) (a) (i); or
(b) a take-over offer (in this sub-section also referred to as the 'original offer') relating to a proportion of particular shares (in this sub-section also referred to as the 'relevant shares') included in a class of shares in a company has been made to a person under a take-over scheme under which take-over offers have been made in accordance with sub-paragraph 16 (2) (a) (ii),
the person may, at any time during the period during which the original offer remains open and before the original offer is accepted, being a time when the relevant shares consist of 2 or more distinct portions, give to the offeror a notice in writing that—
(c) specifies a number (in this sub-section referred to as the 'specified number'), being the number of shares of which one of those distinct portions consists, or being the total number of shares of which 2 or more of