(1) Where a relevant scheme, contract or offer under section 457 is made in the capital of a relevant issuer that is an offeree company, the additional requirement in section 458(3) does not have to be satisfied with regard to the offeror’s right of buy-out.
(2) In subsection (1) -
‘offeree company’ and ‘offeror’ have the same meaning as they have respectively in section 457(1);
‘relevant scheme, contract or offer’ has the same meaning as it has in section 457(1).