Code on Takeover and Mergers
The Company is incorporated in Ireland, has its head office and place of central management in Ireland and is resident in Ireland. Accordingly, transactions in shares of the Company are not subject to the provisions of the UK Code on Takeover and Mergers (“City Code”). There are, however, provisions under Irish law and regulation applicable to the Company that are similar or analogous to certain provisions of the City Code under Irish Takeover Rules, in relation to mandatory bids, squeeze outs and buy outs. There are also “substantial acquisition rules” and Irish merger control legislation which the Company is subject to.