The Capital Markets (Take-Overs and Mergers) Regulations
32. Suspension of trading during take-over
32. Suspension of trading during take-over
In the event of a take-over the trading of shares of the security of the offeree shall not be suspended unless for the purpose of enabling the offeree to disclose information on the takeover offer or as may be directed by the Authority for the purpose of obtaining material information on the offer.Source: Kenya Law