Wednesday January 12 2022

News Source: Global Disclosures

Focus: Short Selling

Type: General

Country: European Union

On 11th January 2022, the Commission Delegated Regulation 2022/27, amending Regulation (EU) No 236/2012 of the European Parliament and of the Council as regards the adjustment of the relevant threshold for the notification of significant net short positions in shares was published in the Official Journal of the European Union.

The initial threshold has been reduced to 0.1%  with the amendment to Article 5 of Regulation (EU) No 236/2012, paragraph 2 being replaced by the following:

‘2.   A relevant notification threshold is a percentage that equals 0,1 % of the issued share capital of the company concerned and each 0,1 % above that.’.

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

Click on the above link for further information.