Part VI

Official Listing

Transparency obligations

Provision of voteholder information
89B
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
FCA
.
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
person in accordance with the following provisions
.
5
Transparency rules
... 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.
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)
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))
Words in s. 89B(4) substituted (31.12.2020) by The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/707), regs. 1(2), 20(2) (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, regs. 1(3), 29(2))); 2020 c. 1, Sch. 5 para. 1(1)
Words in s. 89B(5) omitted (31.12.2020) by virtue of The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/707), regs. 1(2), 20(3) (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, regs. 1(3), 29(2))); 2020 c. 1, Sch. 5 para. 1(1)
Pt. 6 modified (31.12.2020) by The Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/707), regs. 1(2), 73 (as amended by S.I. 2019/1234, regs. 1(2), 23 and with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, regs. 1(3), 29(2)))); 2020 c. 1, Sch. 5 para. 1(1)
Words in ss. 89A-97 substituted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 16(2)(3)(g), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.