Article 147 - Definitions

(1) In this Part, a "take-over offer" means an offer to acquire all the Shares, or all the Shares of any class or classes, in a Company (other than Shares which at the date of the offer are already held by the offeror), being an offer on terms which are the same in relation to all the Shares to which the offer relates or, where those Shares include Shares of different classes, in relation to all the Shares of each class.
(2) In this Article, "Shares" means Shares which have been allotted on the date of the offer but a take-over offer may include Shares that are subsequently allotted before a date specified in or determined in accordance with the terms of the offer.