On 2 February 2023, DNO ASA, the Norwegian oil and gas operator, issued a substantial shareholding disclosure. DNO ASA passed the 5% threshold for disclosure of major shareholdings in its own shares. this is part of the Company’s ongoing share buyback program According to the major shareholding disclosure, the Company holds a total of 52,719,531…
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S Korea – Improve Regulations for Foreign Investors
On 24 January 2023, SK FSS improved regulations re foreign investors in SKOR. SK FSS announced to improve regulations re foreign investors in the SKOR market, which have acted as obstacles to their investing activities for more than 3 decades. Follows November 2022 SK FSC's attempt to resolve SKOR discount. Improvements Terminate the foreign investor…
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Finland – FSA Credit Firm Shares’ Disclosure
On 20 January 2023, FINFSA amended rules on property ownership declaration. FINFSA issued an amendment to regulation 105.2 on declaring the share and property ownership of a credit institution and its consolidation group to reflect the amended legislation so that it will be repealed with regard to the notification of shareholding. Regarding notification of real…
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UK – FCA Updated Info for Short Selling Regime
On 16 January 2023, UK FCA updated the information on the notification and disclosure of net short selling positions, relating to the data regarding the UK sovereign debt thresholds. It also includes all of the uncovered positions in UK sovereign CDS, that may be held. This section had been updated with figures valid as of…
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Cyprus – CSE New Form for Substantial Shareholdings
The Cyprus Stock Exchange has issued a new form for substantial shareholding disclosure reporting.
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Philippines – EXC Listing, Disclosure, Takeovers
On 16 November 2022, PHI EXC consulted on listing, disclosure, trading rules. PHI EXC issued a consultation paper titled proposed amendments to the consolidated listing and disclosure rules and revised trading rules (2022 amendments - part II). Consultation paper proposes numerous changes to consolidated listing and disclosure rules (consolidated rules); also proposes an amendment to…
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