When shall a parent company file a notification of major shareholdings?
A parent company shall file a notification of major shareholdings for the subsidiary’s holdings. This applies even if the parent company doesn’t have any shares of its own in the listed company.
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Is a subsidiary required to file a notification of major shareholdings?
If the notification has been filed by a parent company, then the subsidiary is exempted from its reporting obligation.
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What applies for transactions between parent companies and subsidiaries?
It is the group's total holdings that shall be reported by the parent company. The obligation to report major shareholdings will therefore not be affected by internal transactions.
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