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.

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