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To: Enigma who wrote (1873)1/7/1999 2:58:00 PM
From: Mr. Oil  Respond to of 3282
 
If you and your wife or partner bought 10% of a company couldn't it be said that though you were individual clients you effectively held 10% and therefore should have to declare it? Especially if the relationship was one of a legal nature. Just asking? Is this possible?

Or what if you held 10 % and I held .1% through TD. We would be 'clients' but TD would have to declare it because one of the clients held in excess of 10%? Just brain storming. Any thoughts?

Ray



To: Enigma who wrote (1873)1/7/1999 4:30:00 PM
From: DeplorableIrredeemableRedneck  Respond to of 3282
 
E,

The "Other Acquirors Rule" states that a holding of over 5%, other than the offeror, must be reported by way of a press release in the course of a takeover bid. (So it could be two shareholders?)Subsequently following the 2% rule.


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