Securities Markets Order, 2013 · s 143

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s 143Duty of substantial shareholder to disclose shareholding

(1)

A person who is a substantial shareholder or is in a position to exert significant control within the meaning of section 19 in a listed company or publicly tradable company, shall give notice in writing to the company stating his name and address and giving full particulars of the shares held by him or his nominee (naming the nominee) by virtue of which he is a substantial shareholder.

(2)

The obligation imposed by subsection (1) must be undertaken before close of business of the next day on which the matter arises.