On 13 February 2025, First Sentier Investors reduced its substantial shareholding in Capricorn Metals Ltd. Capricorn says this may impact the company’s shareholder structure potentially influencing future voting outcomes and strategic decisions
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Switzerland – GVT CHF 10.6 mn Insider Charge Re: Takeover
On 11 February 2025, SWI GVT indicted a Swiss national for insider trading. SWI GVT Office of the Attorney General (OAG) filed indictment with Federal Criminal Court against a Swiss national for insider trading with illicit profit of CHF 10.6 million. Defendant is accused of having exploited confidential and price-influencing information concerning current/planned acquisitions in…
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China – CSRC Threshold for Equity Changes Re: Shareholding
On 10 January 2025, CHI CSRC issued interpretation for acquisition / takeover measures. CHI CSRC issued Interpretation no. 19 to clarify, standardize the application of articles 13 and 14 of the Measures for the administration on acquisition / takeover of listed companies. Interpretation Details Thresholds of 5%, 1% in articles 13, 14 apply only to…
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Hong Kong – Substantial Shareholding Notification Published
On 15 January 2025, the SFC published a substantial shareholding notification for GL-Carlink Technology Holding Limited (Stock Code: 02531). Substantial shareholding disclosure announcement
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India – SEBI Proposes to Increase Criteria for Shareholding Disclosure
On 10 January 2025, IND SEBI proposed to increase size criteria on disclosure. IND SEBI proposed to increase size criteria under additional disclosure framework. Follows IND SEBI August 203 issued circular on additional disclosures by FPIs. Proposal Threshold for equity assets under management (AUM) requiring additional disclosures proposed to be upped to INR 50k crores,…
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Netherlands – AFM Fines for Market Manipulation
On 20 December 2024, NLD AFM fined VDVI 3mn EUR for market manipulation. NLD AFM fined VDVI BV a financial holding firm 3mn EUR for market manipulation. Misconduct VDVI BV is primarily engaged in the purchase, development, exploitation as well as sale of real estate which artificially increased the price of a listed equity fund.…
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