The following Corporate practice note provides comprehensive and up to date legal information covering:
This Practice Note focuses on the notification obligations of holders and issuers of interests in voting rights in an issuer whose shares are admitted to trading on a regulated or prescribed market in the UK where such interests reach, exceed or fall below a specific threshold by way of the acquisition or disposal of major shareholdings or the acquisition or disposal of major proportions of voting rights (including those arising from the holding of certain financial instruments) as set out in DTR 5 of the Disclosure Guidance and Transparency Rules (DTR).
For details of the notification obligations with regard to transactions by a person discharging managerial responsibilities, see Practice Note: Continuing obligations—transactions by a person discharging managerial responsibilities (DTR 3).
The operation of the UK listing and prospectus regime may be affected by Brexit. For further details of its impact, see Practice Note: Brexit—UK listing and prospectus regime. For the purposes of this note, the principal change relates to the companies to which DTR 5 will apply in a no deal scenario at the end of the implementation period. For further details see section Issuers to whom the rules apply below.
DTR 5 applies to the following types of issuers:
legal entities whose shares are admitted to trading on any EEA regulated market eg the main market of the London Stock
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This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.What is a Part 8 claim?A Part 8 claim is a claim
The rights preserved under the European Convention on Human Rights (ECHR), as set out in the Human Rights Act 1998 Sch 1, can be broadly divided into three groups:•absolute rights—which cannot be interfered with by the state or derogated from even in a state of emergency•limited rights—which may be
What is QOCS?Qualified one-way costs shifting (QOCS) was introduced on 1 April 2013 as part of the Jackson costs reforms following the removal of a claimant’s right to recover additional liabilities from the defendant, ie success fees and after the event (ATE) insurance premiums. The relevant CPR
This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.Note: this Practice Note does not deal with the
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