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New version applies from 20/03/2008 — introduced by Directive 2008/22/EC. 87 provisions change. Later versions: 04/01/2011, 26/11/2013, 18/03/2021, 05/01/2023, 09/01/2024. Recital 18 changes in this version: compare with the current text.

Recital 18

Recital 18

(18)The public should be informed of changes to major holdings in issuers whose shares are traded on a regulated market situated or operating within the Community. This information should enable investors to acquire or dispose of shares in full knowledge of changes in the voting structure; it should also enhance effective control of share issuers and overall market transparency of important capital movements. Information about shares or financial instruments as determined by Article 13, lodged as collateral, should be provided in certain circumstances.

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