Notifications of Major Holdings in Listed Companies

On 26 November 2015, a new EU regulatory technical standard relating to the notification of major holdings in listed companies will come into effect.  

The FCA and the Treasury have already published a consultation paper regarding their proposed amendments to the FCA's Disclosure and Transparency Rules and the Financial Services and Markets Act 2000.  The amendments must be implemented by 26 November 2015. 

The amendments include changes to the need to disclose voting rights arising from holding financial instruments with a similar economic effect to shares. 

For more information visit our Equity Capital Markets page here.