alleryStart learning →When must an acquirer declare intent to delist under Regulation 5A?
AIn the public statement
BAfter the offer closes
CAt the next annual meeting
DWithin a year of the offer
Answer & Solution
Correct answer: A. In the public statement
The proviso to Regulation 5A(1) requires the acquirer to declare upfront, at the time of the detailed public statement, that he intends to delist.
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