Changes in shareholdings shall be reported to Finansinspektionen. According to the regulations in Sweden the shareholders shall notify the market about major changes in ownership.
The new log-in and authorisation portal for reporting stock exchange information and major shareholding notifications will be available on 20 February. This means that there are a few extra days for specifying news distribution agencies compared to the deadline that FI previously announced. The new log-in requires BankID and will completely replace the old method of logging in. However, the reporting procedure itself has not been altered and reports are submitted exactly the same way as before.
In order to be prepared for this transition, it is a good idea to register for an account at FI's Reporting Portal and delegate authorisations well in advance. This possibility will available as of 20 January 2020.
These regulations are based on the EU's Transparency Directive. Shareholders, in conjunction with a triggering transaction, shall notify both the issuing company and Finansinspektionen. Thereafter Finansinspektionen will publish the information.
The notification obligation applies when shareholders acquire or dispose of shares in a listed company and thereby reach, exceed or fall below the 5, 10, 15, 20, 25, 30, 50, 66 2/3 and 90 per cent thresholds for voting rights or number of shares in the company.
Notifications can be reported on this website using a Swedish e-identification. E-identification requires a Swedish civic registration number and is available via your bank's website.
If you do not have a Swedish e-identification, you can fill in the form "Changes in shareholdings notification" below and send it by e-mail or fax to Finansinspektionen.