Tag Archives: shareholdings

Italy – GVT Public Shareholdings

On 14 February 2023, ITA GVT issued MEF rules on controlled companies boards. ITA GVT announced public shareholdings directive of Minister of Economy and Finance. Re procedures to appoint members of corporate bodies of ministry owned companies. Directive registered with the Court of Auditors on 9 February 2023 with number 128. Overview It amends the…
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U.K. – GVT Royal Mail Share Acquisition

On 31 October 2022, UK GVT decided no action on the takeover / acquisition by Vesa Equity. UK GVT decided to take no further action under its national security powers on the proposed increase in shareholdings by Vesa Equity Investment in Royal Mail. Proposed acquisition of increased shareholdings in Royal Mail had been called for…
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India – SEBI Related Party Shareholdings

On 25 March 2021, IND SEBI clarified on transfer of shareholding, ownership. IND SEBI clarified circular CIR/MIRSD/14/2011 re transfer of shareholdings among immediate relatives, transmission of shareholdings, and effect on change in control. Control Clarified transmission of shareholding in case of unlisted body corporate intermediary, proprietary firm-type intermediary, as well as partnership firm-type intermediary. Incoming…
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Italy – Consob Shareholding Transparency

On 10 July 2020, ITA Consob published res on extension for transparency reporting. Provisions of resolutions 21326 and 21327 re identification of further communication thresholds for company shareholdings and declarations of intentions in companies. With particularly widespread shareholder structure extended for 3 months from 12 July until 12 October 2020, unless revoked earlier; resolution in…
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India – SEBI Shareholdings Non-Compliance

On 14 May 2020, IND SEBI granted relaxation from the applicability of 2017 circular. Accordingly, the stipulations are relaxed for listed entities for whom the deadline to comply with MPS requirements falls between the period from 1 March and 31 August.
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