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S.L. 386.26 · Cross-Border Divisions Of Limited (S.L. 386.26)

S.L. 386.26 ст. 13Protection of holders of securities.

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The holders of securities, other than shares, in a Maltese company being divided, to which special rights are attached, shall be given rights against the Maltese company being divided in accordance with the draft terms of the cross-border division at least equivalent to those they possess prior to the division:

Provided that any dissenting holders of those securities shall be entitled to have their securities redeemed by the Maltese company being divided in accordance with regulation 12.