Panel Statements for 1977

All the links in the following table are to documents in PDF format.

Number Date Subject Summary
1977/21 07/12/1977 CRANE FRUEHAUF LIMITED Panel will not permit directors to repudiate responsibility for forecasts made in bid situations
1977/20 28/11/1977 C H JOHNSON & SONS LIMITED Result of investigation into share dealings
1977/19 28/11/1977 PANEL EXECUTIVE APPOINTMENT Appointment of new Deputy Director General
1977/18 10/11/1977 THE BRITISH INVESTMENT TRUST LIMITED Application of Rules 32, 33 and 34 (as they then were) to formula bids
1977/17 25/10/1977 SINGLO HOLDINGS LIMITED Clarification of inaccurate statement by offeree board
1977/16 07/10/1977 ULTRA ELECTRONIC HOLDINGS LIMITED Investigation into insider dealing
1977/15 20/09/1977 MANX & OVERSEAS INVESTMENTS LIMITED Panel concluded that no mandatory bid obligation had been triggered
1977/14 22/08/1977 NATIONWIDE LEISURE LIMITED Consideration of mandatory bid obligation postponed pending resolution of litigation
1977/13 01/08/1977 PANEL EXECUTIVE APPOINTMENT Appointment of new Panel Secretary
1977/12 07/07/1977 TEACHER (DISTILLERS) LIMITED Result of investigation into share dealings
1977/11 01/07/1977 BEAVERBROOK NEWSPAPERS LIMITED Panel ruling that the offers for the Ordinary and ‘A’ Ordinary shares of Beaverbrook are comparable
1977/10 21/06/1977 GREENWOOD & BATLEY LIMITED Disclosure of inaccurate information in the offer document
1977/09 20/06/1977 ROYAL SOVEREIGN GROUP LIMITED Result of investigation into share dealings
1977/08 17/06/1977 BRITISH ROLLMAKERS CORPORATION LIMITED Illustration of the kind of situation in which a warning announcement by an offeree board should have been made
1977/07 27/05/1977 ANDRE SILENTBLOC LIMITED Application of Rule 23 (as it then was) to alternative offers
1977/06 05/05/1977 THE KADUNA SYNDICATE LIMITED Compromise solution in lieu of mandatory bid
1977/05 03/05/1977 THE PROPRIETORS OF HAYS WHARF LIMITED Lifting of previous Panel restrictions
1977/04 14/04/1977 JOINT STATEMENT Joint statement by the Stock Exchange and the Panel concerning price sensitive matters
1977/03 07/04/1977 SCOTTISH AND UNIVERSAL INVESTMENTS LIMITED Panel ruled that no mandatory bid obligation had been triggered
1977/02 10/03/1977 NATIONWIDE LEISURE LIMITED Decision that a director of Nationwide Leisure who bought shares was not acting in concert with the offeror
1977/01 18/01/1977 LEGAL PROCEEDINGS IN RELATION TO TAKEOVER OFFERS Offeree boards are advised to consult if legal proceedings are contemplated

Search the site

Disclosure Table

Details of offeree companies and offerors currently in an offer period. Positions and dealings in relevant securities must be disclosed under Rule 8 of the Code.

Current Table - Rule 8 Summary
Download: Excel - CSV - XML

The Takeover Code

The Takeover Code is designed to ensure that shareholders are treated fairly, are not denied an opportunity to decide on the merits of a takeover and are afforded equivalent treatment by an offeror. It provides an orderly framework within which takeovers are conducted.
Download Code as PDF - Order printed copy

More information

Statements by the Panel

Download Statements, Practice Statements and Annual Reports published by the Takeover Panel.

More information - Statement alerts

Company announcements

Where to find statements and disclosures notified to a Regulatory Information Service in relation to takeovers regulated by the Takeover Panel.

More information