C1C2Part VI Official Listing

Annotations:
Modifications etc. (not altering text)
C1

Pt. 6 (ss. 72-103) applied (with modifications) (1.12.2001) by S.I. 1995/1537, Sch. 4 (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 511)

F1Transparency obligations

Annotations:
Amendments (Textual)
F1

Ss. 89A-89G and cross-heading inserted (8.11.2006) by Companies Act 2006 (c. 46), ss. 1266(1), 1300(1)(a) (with s. 1266(2))

89BProvision of voteholder information

1

Transparency rules may make provision for voteholder information in respect of voting shares to be notified, in circumstances specified in the rules—

a

to the issuer, or

b

to the public,

or to both.

2

Transparency rules may make provision for voteholder information notified to the issuer to be notified at the same time to the F2FCA.

3

In this Part “voteholder information” in respect of voting shares means information relating to the proportion of voting rights held by a person in respect of the shares.

4

Transparency rules may require notification of voteholder information relating to a F3person in accordance with the following provisions.

5

Transparency rules F4... may require notification of voteholder information relating to a person only where there is a notifiable change in the proportion of—

a

the total voting rights in respect of shares in the issuer, or

b

the total voting rights in respect of a particular class of share in the issuer,

held by the person.

6

For this purpose there is a “notifiable change” in the proportion of voting rights held by a person when the proportion changes—

a

from being a proportion less than a designated proportion to a proportion equal to or greater than that designated proportion,

b

from being a proportion equal to a designated proportion to a proportion greater or less than that designated proportion, or

c

from being a proportion greater than a designated proportion to a proportion equal to or less than that designated proportion.

7

In subsection (6) “designated” means designated by the rules.