Section 64 — Companies Act 1993: Disclosure document

64 Disclosure document (1) For the purposes of section 63 of this Act, a disclosure document is a document that sets out— (a) The maximum number of shares that the board has resolved to acquire under section 63(1) of this Act; and (b) The nature and terms of the offer; and (c) The nature and extent of any relevant interest of any director of the company in any shares that may be acquired; and (d) The text of the resolution required by section 63(1) of this Act, together with such further information and explanation as may be necessary to enable a reasonable shareholder to understand the nature and implications for the company and its shareholders of the proposed acquisition. (2) Nothing in subsection (1) of this section requires the disclosure of the consideration the board proposes to offer to acquire the shares.