(28)This Directive should be interpreted, and implemented by Member States, in a manner consistent with the requirements for effective regulation in order to protect the interests of holders of transferable securities carrying voting rights in a company (or which may carry such rights as a consequence of the exercise of rights or conversion) when the company is subject to a public take-over bid or other proposed change of control. In particular, this Directive does not in any way prevent a Member State from putting or having in place such measures as it sees fit for these purposes.
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New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
52 provisions change.
Later versions: 03/07/2016.
Recital 28 changes in this version: compare with the current text.