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Status: You are viewing the version of the handbook as on 2019-09-14.

DTR 5.5 Acquisition or disposal by issuer of shares

DTR 5.5.1RRP

An issuer of shares must, if it acquires or disposes of its own shares, either itself or through a person acting in his own name but on the issuer's behalf, make public the percentage of voting rights attributable to those shares it holds as a result of the transaction as a whole,1 as soon as possible, but not later than four trading days following such acquisition or disposal where that percentage reaches, exceeds or falls below the thresholds of 5% or 10% of the voting rights.

DTR 5.5.1ARRP

2DTR 5.5.1R does not apply to a third-country issuer that falls within DTR 5.11.4R.

DTR 5.5.2RRP

The percentage shall be calculated on the basis of the total number of shares to which voting rights are attached.

[Note: article 14 of the TD].

DTR 5.5.3G

Additional requirements in relation to a listed company which purchases its own equity shares are contained in LR 12.4.6 R.