Companies Act 1967 · s 84

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s 84Person who ceases to be substantial shareholder to notify company

(1)

A person who ceases to be a substantial shareholder in a company must give written notice to the company stating the person’s name and the date on which the person ceased to be a substantial shareholder and full particulars of the circumstances by reason of which the person ceased to be a substantial shareholder.

(2)

The notice must be given within 2 business days after the person ceased to be a substantial shareholder.