On 24 May 2024, the SFC published a new version of its Outline of Part XV of the SFO - Disclosure of Interests document.
- related to substantial shareholding is paragraph 5.9 (Treasury Shares) of the Outline
- confirms that treasury shares remain part of a listed corporation’s issued voting shares
- must be included in the number of shares of the listed corporation of the same class in issue for the purposes of calculating the percentage figure of substantial shareholding
