The purpose is to give the board of a listed company more time and space to weigh the interests of the company and its stakeholders in the event of an unsolicited takeover or bid or other pressure being put on the board to change the course of the company.

Download the pdf-version about 'Legal Flash – statutory cooling-off period will enter into force on 1 May 2021' below.

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Statutory cooling-off period will enter into force on 1 May 2021