Directive 2004/25/EC of the European Parliament and of the… Article 16

The right of sell-out

Article 16

1. Member States shall ensure that, following a bid made to all the holders of the offeree company’s securities for all of their securities, paragraphs 2 and 3 apply. 2. Member States shall ensure that a holder of remaining securities is able to require the offeror to buy his/her securities from him/her at a fair price under the same circumstances as provided for in Article 15(2). 3. Article 15(3) to (5) shall apply mutatis mutandis .

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Other provisions in Directive 2004/25/EC of the European Parliament and of the…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 16 of Directive 2004/25/EC of the European Parliament and of the… (LawPlayer, data as of 2026-07-04)

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