RE: Good Value!27 Sep 2021 15:08
1AF2 holding .. 5.92%.. 17.99% and 12%( legally owned as per charge but to 5HNWI)
35.91% or (23.9%)
FCA rules on foreign holding, big gap between 30% to 50% for notification TR1
Guess we will see what’s what hey
“The UK regulator the Financial Conduct Authority (the ‘FCA’) requires that any person,1 anywhere in the world, must report to the relevant UK issuer2 and the FCA the percentage of the issuer’s voting rights that it holds as shareholder or that it held or was deemed to hold through its direct or indirect holding of financial instruments, if the percentage of those voting rights:
• Reaches, exceeds or falls below 3 percent, 4 percent, 5 percent, 6 percent, 7 percent, 8 percent, 9 percent, and 10 percent and each 1 percent threshold thereafter up to 100 percent; or
• Reaches, exceeds or falls below the above thresholds as a result of events changing the breakdown of voting rights and on the basis of information disclosed by the issuer.
Such disclosures are public. The rules of the FCA relating to disclosure of positions also extend to non-UK companies whose shares are admitted to trading on a UK-regulated market; for them, disclosure is required when the percentage of voting rights held reaches, exceeds or falls below 5, 10, 15, 20, 25, 30, 50 and 75 percent. For such purpose, the total voting rights of the relevant issuer will be calculated according to its most recent public disclosure.”
https://www.srz.com/images/content/1/4/149202/SRZ-UK-Shareholder-Activism-Briefing-FCA-Rules-on-Trade-Reportin.pdf