Companies Act · s 63A

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63A.
Substantial shareholdings and substantial shareholders
(1) For the purposes of this Act, a person has a substantial shareholding in a company if -
(a) he has an interest or interests in one or more voting shares in the company; and

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(b) the total votes attached to that share, or those shares, is not less than 5 per cent of the total votes attached to all the voting shares in the company.
(2) For the purposes of this Act, a person has a substantial shareholding in a company, being a company the share capital of which is divided into two or more classes of shares, if -
(a) he has an interest or interests in one or more voting shares included in one of those classes; and
(b) the total votes attached to that share, or those shares, is not less than 5 per cent of the total votes attached to all the voting shares included in that class.
(3) For the purposes of this Act, a person who has a substantial shareholding in a company is a substantial shareholder in that company.
(4) In this section "voting shares" exclude treasury shares.

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s 63ASubstantial shareholdings and substantial shareholders

(1)

For the purposes of this Act, a person has a substantial shareholding in a company if -

(a)

he has an interest or interests in one or more voting shares in the company; and

Companies

(b)

the total votes attached to that share, or those shares, is not less than 5 per cent of the total votes attached to all the voting shares in the company.

(2)

For the purposes of this Act, a person has a substantial shareholding in a company, being a company the share capital of which is divided into two or more classes of shares, if -

(a)

he has an interest or interests in one or more voting shares included in one of those classes; and

(b)

the total votes attached to that share, or those shares, is not less than 5 per cent of the total votes attached to all the voting shares included in that class.

(3)

For the purposes of this Act, a person who has a substantial shareholding in a company is a substantial shareholder in that company.

(4)

In this section "voting shares" exclude treasury shares.