On 20 March 2023, AST GVT registered instruments about relevant interests. AST GVT registered ASIC corporations (relevant interests: ASIC and ASIC chairperson) instrument 2023/194 to preserve the effect of the relief AST ASIC previously provided. Namely, under ASIC class order [CO 12/1209], which is due to sunset 1 April 2023. In addition, AST GVT registered […]
India SEBI Fines for Failure to Disclose Substantial Shareholding
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 […]
India SEBI Fines for Late Substantial Shareholding Disclosure
Germany BaFin Fines for Late Substantial Shareholding Disclosure
On 16 December 2022 SWE FI imposed a SEK400,000 penalty for late flagging. SWE FI decided Prior & Nilsson Fond- och Kapitalforvaltning Aktiebola (company) must pay SEK400,000 penalty fee for breach of the obligation to notify SWE FI in due time that its holding of shares and votes in Besqab AB (publ) exceeded a flagging […]