✏️ Director's statement of responsibility

About this category

A director's statement of responsibility is a document that outlines the director's legal responsibilities with regards to the company. This includes ensuring that the company complies with all relevant laws and regulations, as well as acting in the best interests of the shareholders.

✏️ Director's statement of responsibility

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Director's Statement Accepting Responsibility (Bidder or Target Company)

The director's statement of responsibility is a statement made by the directors of a company that is bidding to take over another company, in which they accept responsibility for any statements made in documents related to the takeover bid, including offer documents, defense documents, and website notifications.

What to watch out for

that the statements made are accurate and not misleading

that the statements made comply with all relevant laws and regulations

that the statements made are fair and balanced

that the statements made are not likely to mislead or deceive shareholders or potential shareholders

Publisher

Genie AI

Jurisdiction

England and Wales

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Associated business activities

Make statements responsibly

1. It is important to make statements responsibly in order to ensure that the information conveyed is accurate and not misleading. 2. Making statements without taking responsibility for their accuracy can lead to problems down the line, including legal issues. 3. Therefore, it is always best to err on the side of caution and make sure that any statements made are done so responsibly.

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Legal firms who might be able to help

Note: Although we list lawyers as well as legal firms who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.