+Article 11 2.

Article 11 2.

Without prejudice to Article 23(3), disclosure of inside information by a person intending to make a takeover bid for the securities of a company or a merger with a company to parties entitled to the securities, shall also constitute a market sounding, provided that:

(a) 

the information is necessary to enable the parties entitled to the securities to form an opinion on their willingness to offer their securities: and

(b) 

the willingness of parties entitled to the securities to offer their securities is reasonably required for the decision to make the takeover bid or merger.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • Builddate: 05.06.2026 00:00:00 -Doknr: CELEX:32014R0596
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