Major shareholding notifications
Contact us
Email address
Complete the required TR1 form and email it to:
Major shareholdings
Fax number
You can print the TR1 form, complete it and fax it to:
020 7066 0050
Related information
Background to major shareholding regime
Since 20 January 2007, responsibility for the major shareholding notification regime passed from the DTI to the FSA. The existing major shareholding disclosure provisions of the CA1985 have been repealed and replaced by Chapter 5 of the Disclosure Transparency Rules (DTRs).
Under the new regime, any shareholder (or those with rights to acquire shares) of an issuer traded on a regulated market are required to simultaneously inform the issuer and the FSA of changes to major holdings in that issuer's shares, using the TR-1 form. Shareholders of an issuer traded on an exchange-regulated market (such as AIM or Plus Markets) need only inform the issuer of changes to major holdings in that issuer's shares. Issuers must then disclose this information to the wider market. These disclosures ensure that investors and issuers can accurately determine the voting structure of an issuer's capital, enhancing the transparency of important capital movements.
Issuers and shareholders of UK public companies that are traded on regulated and exchange-regulated markets (such as AIM and Plus Markets) must comply with DTRs which retain the current CA1985 disclosure requirements (and are therefore super-equivalent to the TD minimum requirements).
Issuers and shareholders of UK public companies that aren't traded on regulated and exchange-regulated markets will no longer be subject to any disclosure requirements from CA1985 or DTRs.
For more information see:
List! Issue No. 14 - Transparency Directive - December 2006 [PDF]
List! Issue No. 14 (Updated) - April 2007 [PDF]
Additional information on the responsibilities of major shareholders is also available.