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This form is the official Notice Of Tender Offer (Form 45.03) issued by the Courts Service of Ireland. You use it when making a formal offer to buy or sell shares in an Irish company via tender.
Plain English
Simply put, this document tells everyone that you are offering to buy or sell shares under specific terms. It's your official announcement to the market about your tender offer. This ensures all interested parties know exactly what is being offered and at what price.
Submission Date
| Situation | Likely form | Why it matters | Check before you continue |
|---|---|---|---|
| Share Purchase Agreement | Form 45.01 (or similar) | Use this if you are executing the deal immediately without a formal notice period first | Check the specific wording of your offer. |
| Notice of Share Sale | Not confirmed in official source | Use this if the courts require a simpler notification rather than a full tender structure | Confirm with the Courts Service which form is preferred. |
| CRO Filing Form (e.g., MGT12) | Form 45.03 | You file 45.03 to notify *before* or *during* the CRO filing process for the company involved | Ensure your dates align between both forms. |
The submission must occur before or on the date the tender offer officially begins to be advertised. Check for any specific cut-off dates related to the offering period.
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This is the standard Notice Of Tender Offer (Form 45.03) from the Courts Service of Ireland. It remains the primary document for formal tender offers.
Agency: Courts Service of Ireland
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45.03 Notice Of Tender Offer
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4 things to watch for
Confusing 'Tender Offer' with a simple 'Share Sale': A tender requires an active invitation for others to bid/accept.
Not knowing which entity needs to sign: Is it the buyer, the seller, or both?
Mistaking the offer price (per share) for the total transaction value.
Failing to specify whether you are offering to BUY shares or SELL shares in the designated box.
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