Member Info for Spodulike

On Weshop website, shows Mcap $3.4b.

Fancy being down 20% on no news. Crazy stuff

Last paragraph is key.

📣 What notifications may be required — when you sell/ dispose of shares

If you sell (or otherwise dispose of) shares on Aquis, you may need to trigger certain notifications, depending on how large your holding is and what thresholds you cross. Key points:

Under DTR 5, a shareholder (or person holding financial instruments with voting rights) must notify the issuer (the company) — and in many cases the regulator (Financial Conduct Authority, FCA) — when their holding reaches, exceeds, or falls below certain thresholds of voting rights or share capital.

FCA

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FCA Handbook

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For example, if after your sale your holdings fall below a threshold (say 5 %, 3 %, or others depending on the company’s schedule), that triggers a “major shareholding” disclosure obligation.

FCA

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FCA

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To report the change, you (or applicable reporting entity) must complete a formal notification — commonly a TR‑1 Form — via the FCA’s “Major Shareholding Notification” portal (or email the issuer, depending on market) to declare the new level of voting rights post-sale.

FCA

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FCA

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Once the issuer receives a valid notification, the issuer often must publicly announce it (or otherwise disclose updated shareholding / voting-rights data), so the market knows about the ownership change.

FCA

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irsociety.org.uk

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⚠️ What triggers a “notification” when selling — and when it's not needed

You don’t always need to submit a notification when selling. Notification obligations only kick in when the sale causes your holding to cross a threshold requiring disclosure under DTR.

FCA Handbook

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irsociety.org.uk

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Small disposals — that leave your holding above threshold or don’t shift you across a threshold — may not require a formal notification.

Also, depending on whether the company is on Aquis Main Market or Growth Market, and depending on the company’s incorporation/origin, some disclosure requirements may differ (or be exempt) under certain exemption rules.

From ChatGPT

Already started referring to family.

Looking forward to next week if seller is done, should be exciting. Fingers crossed.

We know it’s going to Multibag just need to be patient.

When the seller/s are out, this will fly.

Cant believe we are down here. Weshop $3.4b, us who own 11.8%, £10m, let that sink in.

I’m adding more down here for sure.

Wait until they roll it out to other regions. Boom boom

Is that a serious question??? Surely not

Hopefully peel have finished now and we can start moving upwards.

The concept encourages growth. It's a great idea. Love it.

Think some don't realise how big this is going to be. Weshop have a brilliant concept and will only rise over the coming months and years. I'll be using the app for sure.

Ralph is absolutely clueless.

Closer to 10p veteran. But 5p first target.

Disconnect between the 2 is ridiculous, expect a move towards least 10p soon surely?

I believe we will, Peel be gone after today. Lets see what the large delayed trades are looking like.

This will be reached soon. Christmas is coming and what do people like doing? Shopping