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10 September 2026

Public M&A EP40 - Takeover Panel Consultation On Miscellaneous Changes To The UK Takeover Code (Podcast)

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Herbert Smith Freehills Kramer LLP

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In this episode of our public M&A podcast series, we talk about the UK Takeover Panel's latest consultation (PCP 2026/1) on a series of miscellaneous changes to the Takeover Code.
United Kingdom Corporate/Commercial Law
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In this episode of our public M&A podcast series, we talk about the UK Takeover Panel's latest consultation (PCP 2026/1) on a series of miscellaneous changes to the Takeover Code. Proposals being consulted on include:

  • when a voting agreement between a shareholder and the directors of a company will result in them being treated as acting in concert;
  • a change to the definition of "reverse takeover"; and
  • a change to the rules on extending a put up or shut up (PUSU) deadline.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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