Understanding Form 8.3: Key Disclosure Tool in UK Takeover Battles
“Form 8.3 serves as a critical public disclosure mechanism under Rule 8.3 of the UK Takeover Code, requiring any person holding interests in 1% or more of relevant securities in an offeree or offeror company during an offer period to reveal their opening positions and subsequent dealings. This transparency tool prevents hidden stake-building, ensures equal … Read more