| Hint | Answer | % Correct |
|---|---|---|
| Equity | 100%
| |
| 30-day VWAP prior to event | 50%
| |
| What percentage of shares involved in tender offer? | 90 | 50%
|
| What percentage of voting shares to trigger? | 95 | 50%
|
| What article? | Article 25 Royal Decree April 2007 | 50%
|
| Bonds | 50%
| |
| Trigger events | Cross 30% voting share threshold | 50%
|
| Mandatory tender offer (after significant acquisition) | 50%
| |
| Price consideration- higher of | Price paid by bidder last 12 months | 50%
|
| What are the different types of capital raisings? | Shares | 50%
|
| Target company undertakings | Support bid | 50%
|
| Key transaction structures | Voluntary tender offer | 50%
|
| Warrants | 50%
| |
| Accelerated book building | 0%
| |
| Avoid new obligations | 0%
| |
| Capital increase | 0%
| |
| Certain funds | 0%
| |
| Additional legal and regulatory requirements and considerations | Due diligence | 0%
|
| Early agreements | 0%
| |
| EU Market abuse | 0%
| |
| Exchange offers | 0%
| |
| Material Adverse Change | 0%
| |
| Minimum acceptance thresholds | 0%
| |
| Open offering | 0%
| |
| Private placements | 0%
| |
| Conditions to offer | Regulatory approvals | 0%
|
| Reject competing offers | 0%
| |
| Different capital raising procedures | Rights offering | 0%
|
| Irrevocable shareholder commitments | Sell shares to bidder | 0%
|
| Tax | 0%
|