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Article 101 Of Chapter 10
Section: Disclosure of Interests

An Interested Person shall – within a period not exceeding five business days from acquiring the interest – send an authenticated and signed statement to the Authority and the Exchange where the Securities are traded and to the Issuer of those Securities; and such statement shall contain the information specified by the rules and regulations issued by the Authority. Any shareholding company listed on an Exchange shall disclose the names of the shareholders who own 5% or more of its capital or any change of such percentage. The rules and regulations issued by the Authority shall specify procedures and timing for such disclosures.

 

* Article (101) is amended pursuant to Law No. 22 of 2015 Amending Some Provisions of Law No. 7 of 2010 regarding the Establishment of the Capital Markets Authority & Regulating Securities Activities.

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