On 17 June 2022, AbuDExc issued rules on Abu Dhabi National Hotel shares. AbuDExc detailed changes on the substantial shareholding limit for non-UAE nationals for Abu Dhabi National Hotels PJSC shares, that comes into full effect from 20 June 2022. From that date there is no maximum limit for non-UAE nationals, whether natural or legal…
Read more
23 March 2022: Sweden FI Fines Lazard for Late Substantial Shareholding Disclosure
Sweden FI Fines Lazard for Late Substantial Shareholding Disclosure
Read more
Spain – Proposed Changes to Substantial Shareholding Form
On 15 March 2022, the CNMV opened a public consultation to amend the substantial shareholding disclosure form (Model I). Background: Form would now include information regarding holdings of loyalty shares that grant double voting rights. The proposed new substantial shareholding disclosure form is available in English and Spanish on page 6 of the draft circular,…
Read more
Could Norway’s Tight Shareholding Disclosure Window Cost It Investment
It is widely known that Norway has one of the tightest substantial shareholding disclosure windows among countries. While many countries allow for reporting of substantial shareholding full article
Read more
22 November 2021: Germany BaFin Fines Major Fund Company for Late Substantial Shareholding
BaFin Fines Vanguard Group for Late Substantial Shareholding Disclosure
Read more
4 November 2021: Austria FMA Sanctions for Late Substantial Shareholding Disclosure
FMA Sanctions for Late Substantial Shareholding to Issuer
Read more