The Takeover Panel

The Panel on Takeovers and Mergers (the “Panel”) is an independent body, established in 1968, whose main functions are to issue and administer the City Code on Takeovers and Mergers (the “Code”) and to supervise and regulate takeovers and other matters to which the Code applies. Its central objective is to ensure fair treatment for all shareholders in takeover bids. See the Takeover Code page of the website for information on whether an offer is subject to the Twelfth Edition of the Code or the Thirteenth Edition of the Code.

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Contact the Takeover Panel

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.

Disclosure Table

The Code is designed to provide an orderly framework within which takeovers are conducted.

The Takeover Code

Download Statements, Practice Statements and Annual Reports issued by the Panel.

Statements by the Panel

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

Company announcements

Recent website updates

Downloads

Disclosure forms

Takeover Code
(Twelfth Edition)

Takeover Code
(Thirteenth Edition)

Disclosure Table (XLS)

Disclosure Table (CSV)

Disclosure Table (XML)

Disclosure Table (HTML)

Rule 8 Summary