Companies Act 2014
Return to be made to Registrar under section 116 (1) | ||
1079. (1) In its application to shares, the subject of an overseas market purchase by a PLC, section 116 (1) shall apply as if “3 days” were substituted for “30 days”. | ||
(2) In addition to the requirements of section 116 , the return required to be made by a PLC under that section shall state— | ||
(a) the aggregate amount paid by the PLC for the shares; and | ||
(b) the maximum and minimum prices paid in respect of each class purchased. | ||
(3) Where subsection (2) applies, then the following subsection shall be substituted for subsection (2) of section 116 : | ||
“(2) Particulars of shares delivered to the company on different dates and under different contracts may be included in a single return to the Registrar, and in such a case the amount required to be stated under section 1079 (2)(a) shall be the aggregate amount paid by the company for all the shares to which the return relates.”. |