DTR 5.7 Notification of combined holdings
A person making a notification in accordance with DTR 5.1.2 R must do so by reference to each of the following:
- (1)
the aggregate of all voting rights which the person holds as shareholder and as the direct or indirect holder of qualifying1 financial instrumentsand financial instruments with similar economic effects;1
- (2)
the aggregate of all voting rights held as direct or indirect shareholder (disregarding for this purpose holdings of financial instruments);
1 - (3)
the aggregate of all voting rights held as a result of 1direct and indirect holdings of qualifying1 financial instruments; and1
- (4)
the aggregate of all voting rights deemed to be held as a result of direct and indirect holdings of financial instruments having similar economic effects to (but not including) qualifying financial instruments in (3).1
The effect of DTR 5.7.1 R is that a person may have to make a notification if the overall percentage level of his voting rights remains same but there is notifiable change in the percentage level of one or more of the categories of voting rights held.