UK Takeover Code implementation date announced

Author: | Published: 1 Jul 2011

The amendments to the UK Takeover Code will come into effect on September 19, it was announced on Friday.

The full text of the amended Takeover Code will be published by the end of July, giving market participants a month and a half to get to grips with the changes before they come into force.

In a guidance note, the Takeover Panel also set out the transitional arrangements for the implementation of the changes.