15 May 2015
The revised Statement of Principles reflects market changes and best practice
The Pre-Emption Group represents listed companies, investors and intermediaries. It has recently been reformed and in March 2015 published a revised Statement of Principles for the disapplication of pre‑emption rights. The previous Statement of Principles was issued in 2008, which replaced the Pre-Emption Guidelines that were first published in 1987. The latest update reflects market changes and best practice.
The Chairman of the Pre-Emption Group, Robert Swannell, also the Chairman of...