RE: RE: New Year Wishlist5 Jan 2025 21:23
Under AIM Rule 17, shareholders are required to notify the company when their shareholding crosses a relevant disclosure threshold. The thresholds are typically 3%, 4%, 5%, and so on. If a shareholder reduces their holding below 3%, this is considered a significant threshold crossing and must be disclosed.
Steps Required:
1. Shareholder Notification:
KDNC would need to notify EMH if their shareholding dropped below the 3% threshold.
2. Company Announcement:
Once EMH receives this notification, it is required to make a public announcement via a Regulatory Information Service (RIS) to inform the market.