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Financial Services and Markets Act 2000, Section 89D is up to date with all changes known to be in force on or before 16 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)Transparency rules may require notification of voteholder information relating to the proportion of voting rights held by an issuer in respect of voting shares in [F2the issuer in accordance with the following provisions].
(2)Transparency rules F3... may require notification of voteholder information relating to the proportion of voting rights held by an issuer in respect of voting shares in the issuer 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 issuer.
(3)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.
(4)In subsection (3) “designated” means designated by the rules.]
Textual Amendments
F1Ss. 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))
F2Words in s. 89D(1) 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), 22(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)
F3Words in s. 89D(2) 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), 22(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)
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