March 27 (Reuters) - New Zealand's Takeovers Panel:
* NEW ZEALAND'S TAKEOVERS PANEL SAYS GRANTING TEMPORARY CLASS EXEMPTIONS FROM TAKEOVERS CODE AIMED AT ASSISTING CODE COMPANIES IN RAISING CAPITAL
* NEW ZEALAND'S TAKEOVERS PANEL SAYS TEMPORARY CLASS EXEMPTIONS TO APPLY TO CAPITAL RAISINGS CONDUCTED ON OR BEFORE OCT 31, 2020
* NZ TAKEOVERS PANEL SAYS TEMPORARY EXEMPTIONS WILL ALLOW SHAREHOLDERS TO MAKE 'CREEPING' INCREASES AS A RESULT OF ALLOTMENTS
* NEW ZEALAND'S TAKEOVERS PANEL SAYS FOCUS OF RELIEF IS TO MAKE IT QUICKER AND EASIER FOR SHAREHOLDERS TO PROVIDE ADDITIONAL CAPITAL TO CODE COMPANIES
* NZ TAKEOVERS PANEL SAYS SHAREHOLDERS TO MAKE 'CREEPING' INCREASES DUE TO ALLOTMENTS, PROVIDED THAT INCREASE IS SUBJECT TO A 10% CAP Source: https://