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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 13 June 2007 - onwards

Regulation 15 Acquisition or disposal of major proportions of voting rights.

(1) The notification requirements under Regulation 14(1) shall also apply to a person to the extent the person is entitled to acquire, to dispose of, or to exercise voting rights in any of the following cases or a combination of them:

(a) voting rights held by a third party with whom that person has concluded an agreement, which obliges them to adopt, by concerted exercise of the voting rights they hold, a long-term common policy towards the management of the issuer in question;

(b) voting rights held by a third party under an agreement concluded with that person providing for the temporary transfer for consideration of the voting rights in question;

(c) voting rights attaching to shares that are lodged as collateral with that person provided the person controls the voting rights and declares an intention to exercise them;

(d) voting rights attaching to shares in which that person has a life interest;

(e) voting rights that are held, or may be exercised within the meaning of subparagraphs (a) to (d), by an undertaking controlled by that person;

(f) voting rights attaching to shares deposited with that person which the person has a discretion to exercise in the absence of specific instructions from the shareholders;

(g) voting rights held by a third party in the third party's own name on behalf of that person;