Friday 6 May 2016

UK: Pre-emption Group publishes 2015-16 monitoring report

The Pre-Emption Group has published its 2015-16 Monitoring Report in respect of companies' application of the Group's Statement of Principles on the Disapplication of Pre-emption Rights: see here (pdf). The Principles apply to Premium Listed companies, whether incorporated in the UK or not. Companies generally adhered to the Principles but the Group has decided to assist companies by publishing a template, containing two resolutions, representing its view of good practice in disapplication requests: see here (pdf).

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