V-1.1 - Securities Act

Full text
139. (Replaced).
1982, c. 48, s. 139; 1984, c. 41, s. 40; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 41.
139. The board of directors or the senior executive is bound to notify the security holders and the Authority of any change that has occurred, either during the take-over bid or after the closing of the offer but before the expiry of the time allotted for withdrawal of the securities, in the facts on which the circular is based and which is likely to affect the holders’ decision to accept or reject the offer.
1982, c. 48, s. 139; 1984, c. 41, s. 40; 2002, c. 45, s. 696; 2004, c. 37, s. 90.
139. The board of directors or the senior executive is bound to notify the security holders and the Agency of any change that has occurred, either during the take-over bid or after the closing of the offer but before the expiry of the time allotted for withdrawal of the securities, in the facts on which the circular is based and which is likely to affect the holders’ decision to accept or reject the offer.
1982, c. 48, s. 139; 1984, c. 41, s. 40; 2002, c. 45, s. 696.
139. The board of directors or the senior executive is bound to notify the security holders and the Commission of any change that has occurred, either during the take-over bid or after the closing of the offer but before the expiry of the time allotted for withdrawal of the securities, in the facts on which the circular is based and which is likely to affect the holders’ decision to accept or reject the offer.
1982, c. 48, s. 139; 1984, c. 41, s. 40.
139. Where a take-over bid is made for less than all of a class or series of securities, the offeror shall not, for twenty-one days from the effective date of the bid, take up and pay for the securities tendered.
The time for deposit of securities under the take-over bid must then not exceed thirty-five days.
1982, c. 48, s. 139.