Mineral and Petroleum Resources Development Act, 2002 (Act 28 of 2002)
R 385
Companies Act, 1973 (Act No. 61 of 1973)The Securities Regulation Code on Takeovers and MergersThe CodeSection I. Conduct during the OfferRule 18. Statements by Parties during the Course of an Offer |
Parties to an offer shall take care not to issue statements which, while not factually inaccurate, may mislead holders of relevant securities and the market or may create uncertainty. In particular, an offeror shall not make a statement to the effect that it may improve its offer without committing itself to doing so and specifying the improvement.
