offer (1) (in MAR 1 (Code of market conduct)) an offer as defined in the Takeover Code. (2) (in MAR 2 (Price stabilising rules)) an offer or an invitation to make an offer and (except in MAR 2.2.3 R, MAR 2.4.2 R (5) and MAR 2.8.2 R (1)(c) an issue.4