Since the Disclosure & Transparency Rules came into effect on 20 January 2007, it is now required that any shareholder who has a change of shareholdings in any listed company which results in their holding being at three per cent or more must, within two days of the transaction, complete a form TR-1 and send it to the company and the Financial Services Authority (FSA). The company itself must then announce details of the notification to the market (via an RNS announcement) by close of business of the next working day.
Rather than being based on "interest in shares" the disclosure is now based on the total number of voting rights and capital for each class of shares. The total number of voting rights issues by the company can be obtained via the RNS service, or from the company’s website, or by requesting this information from the Company Secretary.
In order to assist you with this process, a downloadable copy of the form TR-1 is below, and we would ask that you either fax or email it to:
Email: share.notifications@kcom.com
Fax: 01482 210765 - For the attention of the Company Secretary
If you have any questions relating to this matter please speak to Denise Robinson, Deputy Company Secretary on 44 1482 602349.
Major Shareholder Notification Form (TR-1)![]()
Please note that this information is provided as general guidance only, and no liability will be accepted for any inaccuracy. To obtain full details of the obligations and requirements surrounding the Disclosure Transparency Rules (including exemptions), you should contact the FSA or look at their website www.fsa.gov.uk