V-1.1 - Securities Act

Section 147.15 Disposition versions

2008-02-01

147.15. (Replaced).

1984, c. 41, s. 40; 1987, c. 40, s. 16; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 41.

2004-12-17

147.15. Where, after a bid has been made for the securities of a reporting issuer in accordance with Chapters III and IV, a person other than the offeror acquires, by himself or with joint actors, securities constituting an interest of 5% or more of the securities of the class subject to the bid, the person shall, not later than the opening of trading on the next business day, issue a press release in the form prescribed by regulation, file it with the Authority and transmit it to the stock exchanges on which the security is listed.

The same rule applies where a bid is made in reliance upon an exemption under section 119 or 121.

1984, c. 41, s. 40; 1987, c. 40, s. 16; 2002, c. 45, s. 696; 2004, c. 37, s. 90.

2004-02-01

147.15. Where, after a bid has been made for the securities of a reporting issuer in accordance with Chapters III and IV, a person other than the offeror acquires, by himself or with joint actors, securities constituting an interest of 5% or more of the securities of the class subject to the bid, the person shall, not later than the opening of trading on the next business day, issue a press release in the form prescribed by regulation, file it with the Agency and transmit it to the stock exchanges on which the security is listed.

The same rule applies where a bid is made in reliance upon an exemption under section 119 or 121.

1984, c. 41, s. 40; 1987, c. 40, s. 16; 2002, c. 45, s. 696.

1987-06-23

147.15. Where, after a bid has been made for the securities of a reporting issuer in accordance with Chapters III and IV, a person other than the offeror acquires, by himself or with joint actors, securities constituting an interest of 5% or more of the securities of the class subject to the bid, the person shall, not later than the opening of trading on the next business day, issue a press release in the form prescribed by regulation, file it with the Commission and transmit it to the stock exchanges on which the security is listed.

The same rule applies where a bid is made in reliance upon an exemption under section 119 or 121.

1984, c. 41, s. 40; 1987, c. 40, s. 16.

1987-06-04

147.15. Every person other than the offeror who, during a take-over bid, acquires, alone or jointly with his joint actors, securities giving him an interest of at least 5% in the class that is the subject of the offer, shall issue a press release in the form prescribed by regulation, file it with the Commission and send it to the stock exchanges on which the security is listed, before 10 o’clock in the morning of the next working day after the transaction.

1984, c. 41, s. 40.