knowledge | 2 June 2015
Companies Act 2014 - New Threshold for Shareholding Disclosure in Certain Irish Issuers
With the commencement of the Companies Act 2014 of Ireland on 1 June 2015, the threshold for the purpose of the Irish statutory regime for disclosure of interests in certain Irish issuers has been reduced from 5% to 3%.
The change of law renders notifiable within the statutory deadline existing interests which meet or exceed the disclosure threshold, including in circumstances where there has been no dealing.
This briefing is for general guidance only and should not be regarded as a substitute for professional advice. Such advice should always be taken before acting on any of the matters discussed.