Here, the Swedish Corporate Governance Board’s takeover rules are presented, both for regulated markets and for certain trading platforms, which are now administered by the Committee.
Rules for regulated markets
By law1, a stock exchange is to have rules for public takeover bids for stocks traded on a regulated market. The rules must meet the requirements set out in the Takeover Directive2 and be otherwise appropriate.
Takeover rules for regulated markets 2024-01-01
Rules for certain trading platforms
The Board has issued takeover rules for Swedish companies whose stocks are traded on the Nasdaq First North Growth Market, Nordic SME and Spotlight Stock Market trading platforms. In the main, they correspond to the rules for public takeover bids for companies whose stocks are traded on a regulated market.
Takeover rules for certain trading platforms 2024-01-01
[1] 13 kap. 8 § (2007:528)
[2] (2004/25/EG)