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DaLatta - I know a lot about Australian takeover law & practice....

  1. 357 Posts.
    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.
 
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(20min delay)
Last
0.9¢
Change
-0.001(10.0%)
Mkt cap ! $18.65M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $20.03K 2.225M

Buyers (Bids)

No. Vol. Price($)
3 2691125 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 3541176 1
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Last trade - 14.18pm 20/06/2025 (20 minute delay) ?
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