DaLatta - I know a lot about Australian takeover law & practice. . . . but am no expert on the UK.
That said - I think that the info you have posted does not relate to whether the chinese are now permitted to buy shares in KAH on market.
At a quick glance - the info you have posted deals instead with limitations on any future offer that arise as a consequence of on-market buying today.
eg. if you buy shares on market in a company at $10 today, then any takeover offer that you launch in the course of the next three months can be a price NO LOWER than $10.
we have similar rules in australia.
That said - i imagine that provided that any ownership thresholds for launching a bid are not breached - the Chinese would indeed be free to buy shares on market in either KAH or EXT today.
apologies if my quick read means i have overlooked something.
DaLatta - I know a lot about Australian takeover law & practice....
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Mkt cap ! $16.22M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $101.9K | 9.229M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 324304 | 1.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 8267509 | 7 |
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