Companies Act 2014

1091.

Modification of section 149(8) ’s operation where public or local offer co-incides with change among directors

1091. Where—

(a) a change among a PLC’s directors occurs, and

(b) prior to the end of the period referred to in section 149(8) (as that provision operates apart from this section) for the sending to the Registrar of the notification required by that provision of the change, the PLC issues a prospectus or, in the case of a local offer (within the meaning of Chapter 1 of Part 23 ), a document for the purposes of making such an offer,

then, notwithstanding that the foregoing period has not expired, the PLC shall send that notification to the Registrar no later than the time of issue of such prospectus or document, and section 149(8) shall be read and operate accordingly.