Structure of the Takeover Panel

The Panel

Hearings Committee

Non-executive; reviews decisions of the Executive.

Panel Chairman, at least one Deputy Chairman, 12 Panel members appointed by Nominating Bodies and up to eight Panel members appointed by the Panel.

Code Committee

Rule-making function.

Up to 12 Panel members appointed by the Panel.


* Seconded from investment banks, law firms and accountancy firms.


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