Any person who has an interest of three percent or more of the nominal value share capital of a public company has a duty to disclose that interest.
Every public company must keep a record of the person’s name and the information disclosed. It must be at the same place as the register of the directors’ interests.
This register must be made available for inspection by any person including non-member without charge. Any person can request a copy of the register of interests in shares and must be sent to them on payment of any fee levied to a maximum of £2.50 for the first 100 entries, £20 for the next 1000 entries or part thereof £15 for every subsequent 1000 entries.
Canterbury Accountancy - Providing useful information to small businesses and companies.
