DTR Resource Note—DTR 5—Vote Holder and Issuer Notification Rules
DTR Resource Note—DTR 5—Vote Holder and Issuer Notification Rules

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • DTR Resource Note—DTR 5—Vote Holder and Issuer Notification Rules
  • Index
  • Setting the scene
  • DTR 5.1—Vote Holder and Issuer Notification Rules—Scope
  • DTR 5.1.1—Brexit—issuers subject to DTR 5: removing the home/host distinction
  • DTR 5.1.1—Changes in holdings
  • DTR 5.1.3 R & DTR 5.1.4 R—Certain voting rights to be disregarded
  • DTR 5.1.5 R—Certain voting rights to be disregarded (except at 5% 10% and higher thresholds)
  • DTR 5.2.4 R—Brexit and exemption relating to members of European System of Central Banks
  • DTR 5.3 R—Notification of voting rights arising from the holding of certain financial instruments
  • more

This Resource Note outlines the main provisions of Chapter 5 of the Disclosure Guidance and Transparency Rules (DTR 5), which deals with 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 United Kingdom. It highlights relevant commentary, analysis and resources to assist with the interpretation of, and provide practical guidance on the application of, DTR 5.

Materials covered in this Resource Note include, where relevant:

  1. the Financial Conduct Authority (FCA) Handbook

  2. FCA Guidance in the FCA Knowledge Base—Procedural notes and Technical notes (which constitute formal guidance and are binding on the FCA)

  3. FCA consultation papers, discussion papers and policy, feedback statements and warnings

  4. Primary Market Bulletins and other publications

  5. former UKLA technical and procedural notes and the UKLA's newsletter List!, where still relevant to the interpretation or application of a provision

  6. EU Directives and directly applicable EU Regulations

  7. materials published by the European Securities and Markets Authority (ESMA)

  8. Lexis®PSL and LexisLibrary resources

Index

Setting the scene

DTR 5—Vote Holder and Issuer Notification Rules

DTR 5.1.3 R & DTR 5.1.4 R—Certain voting rights to be disregarded

DTR 5.1.5 R—Certain voting rights to be disregarded (except at 5% 10% and higher thresholds)

DTR 5.3 R—Notification of voting rights arising from the holding of certain financial