Regulatory Alerts2008-02-14
Royal Decree of 14 February 2008 on disclosure of major shareholdings
King Albert II of Belgium issued this Royal Decree to transpose European Union transparency directives regarding major shareholdings in issuers on regulated markets. The regulation establishes detailed rules for calculating voting rights, including the aggregation of equivalent financial instruments, and defines the specific circumstances under which notification obligations are triggered. It further mandates the precise content of disclosures, such as the identity of notifiers and the breakdown of holdings, while assigning supervisory authority to the CBFA.
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