Panel Statements for 1976

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

Number Date Subject Summary
1976/13 23/12/1976 DUNFORD & ELLIOT LIMITED Detailed reasons why offer by Johnson & Firth Brown permitted to proceed
1976/12 07/12/1976 PANEL EXECUTIVE APPOINTMENT Appointment of new Director General
1976/11 06/12/1976 DUNFORD & ELLIOT LIMITED Brief statement that offer by Johnson & Firth Brown should proceed
1976/10 06/12/1976 SIME DARBY HOLDINGS LIMITED Company does not fall within the Panel’s jurisdiction
1976/09 20/08/1976 BEYER, PEACOCK & COMPANY LIMITED Further clarifying statement regarding Beyer Peacock’s future profits
1976/08 19/08/1976 BEYER, PEACOCK & COMPANY LIMITED Correction of quotation regarding Beyer Peacock’s future profits
1976/07 27/07/1976 SEAFIELD AMALGAMATED RUBBER COMPANY LIMITED Criticism of offeror directors and of a director of the offeror’s financial adviser relating to a breach of Rule 30
1976/06 29/06/1976 PANEL EXECUTIVE APPOINTMENT Departure of Deputy Director General
1976/05 04/05/1976 ASHBOURNE INVESTMENTS LIMITED Dealing restrictions on Mr Glazer relaxed. Central and Sheerwood permitted to withdraw their announced offer
1976/04 03/05/1976 PANEL EXECUTIVE APPOINTMENT Appointment of new Chairman of the Appeal Committee and Panel Secretary
1976/03 14/04/1976 ASHBOURNE INVESTMENTS LIMITED Statement which supercedes rulings contained in earlier statement (23 July 1974)
1976/02 01/04/1976 LONDON TIN CORPORATION LIMITED Compromise solution in lieu of mandatory bid
1976/01 11/02/1976 A GUNN (HOLDINGS) LIMITED Failure to observe secrecy of bid negotiations

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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.

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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.
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