Disclosure of Dealings
As provided under Paragraph 19.04 of the Rules on Take-overs, Mergers and Compulsory Acquisition, the following persons shall disclose the total number and price of all voting shares, voting rights or convertible securities of the offeree and the offeror* which are dealt in for their own account or for discretionary clients during the offer period— 
  • the offeror and persons acting in concert; 
  • the offeree and persons acting in concert; 
  • a substantial shareholder of the offeror and offeree; 
  • any chief executive, a director or an officer of the offeror or offeree who occupies or acts in a senior managerial position in the offeror or offeree by whatever name called and whether or not he is a director; 
  • a bank, stockbroking company, financial and other professional adviser to the offeror, the offeree or appointed for or in connection with the take-over offer, merger or compulsory acquisition by any person falling under sub-paragraphs (a) and (b) above; 
  • and a person who in accordance with whose directions and instructions the persons referred to in sub paragraph 19.04 (1)(a), (b), (c) or (d) are accustomed to act. 
* Disclosure of dealings in relevant securities of an offeror is only required in the case of a securities exchange offer.
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