C1Part 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))

89FTransparency rules: interpretation etc

1

For the purposes of sections 89A to 89G—

a

the voting rights in respect of any voting shares are the voting rights attached to those shares, F2and

b

a person is to be regarded as holding the voting rights in respect of the shares—

i

if, by virtue of those shares, he is a shareholder within the meaning of Article 2.1(e) of the transparency obligations directive;

ii

if, and to the extent that, he is entitled to acquire, dispose of or exercise those voting rights in one or more of the cases mentioned in Article 10(a) to (h) of the transparency obligations directive;

F3iii

if he holds, directly or indirectly, a financial instrument which satisfies the conditions set out in Article 13(1)(a) or (b) of the transparency obligations directiveF4...

F5c

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F62

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3

For the purposes of sections 89A to 89G two or more persons may, at the same time, each be regarded as holding the same voting rights.

4

In those sections—

  • F7...

  • F7...

  • “UK market” means a market that is situated or operating in the United Kingdom;

  • “voting shares” means shares of an issuer to which voting rights are attached.