Eugeney,Under Takeover laws, ZFX are prohibited from disposing...

Eugeney,

Under Takeover laws, ZFX are prohibited from disposing of any shares that they accuire during the Takeover period - see below.

Cheers
Muzza

654A Bidder not to dispose of securities during the bid period

(1) The bidder must not dispose of any securities in the bid class during the bid period.

(1A) An offence based on subsection (1) is an offence of strict liability.

Note: For strict liability, see section 6.1 of the Criminal Code.