Stock Exchange Legislation for trade notifications of people holding managerial responsibilities
6 December 2017Direction, Time and means for submitting Notification – Competent Authorities
6 December 2017Obligors (physical or legal entities) notification of significant changes in holdings and voting rights are as follows:
- any shareholder of the company (due to its admission to the regulated market of the Athens Exchange) acquiring or disposing of shares incorporating voting rights and as a result of acquisition or disposal, the percentage of voting rights held by it exceeds or falls below the thresholds of 5%, 10%, 15%, 20%, 25%, 1/3, 50% and 2/3, or, if it holds a voting right over 10%, marks a change equal to or greater than 3% of the voting rights of the company,
- any person (shareholder or non-shareholder) entitled to acquire, dispose of or exercise voting rights of the company and as a consequence of the acquisition or disposal or exercise thereof, the percentage of voting rights held by it reaches, exceeds or falls below the 5% , 10%, 15%, 20%, 25%, 1/3, 50% and 2/3, or, if it holds a voting rights over 10%, a change equal to or greater than 3% of the total voting rights of the
- any person who acquires or dispose of financial instruments directly or indirectly through a third party, provided that the conditions of paragraph 1 of Article 11 of Law 3556/2007, as amended by Article 2 paragraph 13 of Law 4374/2016 .