Dunloe Ewart plc
IRISH TAKEOVER PANEL Panel Ruling Dunloe Ewart plc (“Dunloe”) On 14 November, 2002 the Panel was informed that an agreement existed between Mr. Noel Smyth and Mr. Paschal Taggart whereby Mr. Taggart agreed, subject to Panel consent, to acquire shares held by Mr. Smyth and his immediate family representing 26.1% of the issued share capital […]
Independent News & Media plc
Independent News & Media plc (“the Company” or “Independent”) Under the Takeover Rules the directors of a relevant company are presumed to be acting in concert whilst the directors of that company propose to redeem or purchase its own shares. On 26 June, 2002, Independent commenced a share purchase scheme to buy back shares in […]
Dunloe Ewart plc
IRISH TAKEOVER PANEL Panel Ruling Proposed offer by Valdot Limited for Dunloe Ewart plc (“the offer”) Valdot Limited (“Valdot”), a company controlled by Mr. Noel Smyth, released a Rule 2.5 announcement on 25 October, 2002 announcing a firm intention to make a cash offer at 42.5 cent to the shareholders of Dunloe Ewart plc (“Dunloe”). […]
Dunloe Ewart plc
IRISH TAKEOVER PANEL Dunloe Ewart plc (“Dunloe”) The Panel has considered a request from Dunloe to investigate whether Mr. Liam Carroll, Mr. Dermot Desmond and Mr. Philip Monahan are acting in concert in relation to their respective shareholdings in Dunloe. Dunloe had expressed the view to the Panel that the aforementioned individuals are acting in […]
Gresham Hotel Group plc
Gresham Hotel Group plc (“Gresham”) The Panel has considered a request from Gresham to investigate whether Red Sea Hotels Limited (“Red Sea”) and Mr. Ian Ilsley are acting in concert in relation to their respective shareholdings in Gresham. Gresham had expressed the view to the Panel that Red Sea may be acting in concert with […]