The European Securities and Markets Authority (ESMA) has published a practical guide that summarises the main rules and practices applicable across the EEA in relation to notifications of major holdings under national law in accordance with the Transparency Directive.

Part I of the guide contains a fact sheet for each EEA state, setting out the national requirements in relation to notification of major holdings under the Transparency Directive. Each fact sheet contains, among other things, the notification thresholds to be applied in the jurisdiction, the requirements in relation to the notification process and information on the entity responsible for the publication of a notification and the deadline for such publication.

Part II of the guide sets out information in relation to the rules and practices for the filing and publication of notifications of major holdings in EEA states.
View Transparency Directive: ESMA guide to EEA national rules on major holdings notifications, 3 February 2017