24.1 THE TARGET BOARD CIRCULAR

Past version: effective from 20/10/2015 - 19/10/2015
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(a) The board of the Target must, normally within 14 days of the publication of the offer document, send a circular to shareholders in the Target and persons with information rights, in accordance with Paragraph 29.1. At the same time, the Target must make the circular readily available to its employee representatives (or, where there are no employee representatives, to the employees themselves).
(b) On the day of publication, the Target must:
(i) publish the Target board circular on a website in accordance with Paragraph 25.1; and
(ii) send to the Panel for publication on the ADGM website an announcement that the Target board circular has been so published.