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Section 971: Interpretation of this Chapter

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 28: Takeovers etc — Chapter 2: Impediments to takeovers

In this Chapter—

  • ...

  • "offeror", in relation to a takeover bid, means the person making the bid;

  • "offer period", in relation to a takeover bid, means the time allowed for acceptance of the bid by—

    (a)rules under section 943(1) made in accordance with paragraph 13 of Schedule 1C;

  • "opted-in company" means a company in relation to which—

    (a)an opting-in resolution has effect, and

    (b)the conditions in section 966(2) and (4) continue to be met;

  • "opting-in resolution" has the meaning given by section 966(1);

  • "opting-out resolution" has the meaning given by section 966(5);

  • "takeover bid" has the meaning given by paragraph 20(1) of Schedule 1C;

  • ...

  • "voting rights" means rights to vote at general meetings of the company in question, including rights that arise only in certain circumstances;

  • "voting shares" means shares carrying voting rights.

For the purposes of this Chapter—

securities of a company are treated as shares in the company if they are convertible into or entitle the holder to subscribe for such shares;
debentures issued by a company are treated as shares in the company if they carry voting rights.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.