• ARG CNV issued General Resolution 1035/2024 re flexibility of substantial shareholdings report.

Highlights

• Criteria and deadlines will be modified to ensure data transparency and improvement.
• From 5% threshold, substantial shareholding must be reported when reach multiples of value.
• 10 business days allow investors to prepare presentations, eliminating the immediacy.
• CNV board aims to simplify processes and ensure relevant information on changes.
• Furthermore, enabled an electronic means for the instant submission of information.
• It will reduce costs associated with delivery and facilitate compliance with deadlines.
• Actions reaffirm CNV's commitment to the development, transparency and efficiency.

Effectiveness

• General Resolution 1035/2024 comes into force on 16 December 2024.