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TR-1: UK shareholding notification

TR-1 is the FCA system for notifying threshold crossings in UK-listed companies. Disclosure requires notification within 2 trading days, making it one of the faster channels for public notice.

Who must file

Any natural or legal person who acquires voting rights causing them to cross 3 per cent threshold or any multiple thereof

Threshold

3 per cent of voting rights, then every 1 per cent step to 100 per cent for a UK issuer (DTR 5.1.2R); 5, 10, 15, 20, 25, 30, 50 and 75 per cent for a non-UK issuer

Deadline

Notification
as soon as possible and no later than two trading days after the holder learns of the crossing, four trading days for a non-UK issuer (DTR 5.8.3R)

What the filing contains

Identification of notifying party, percentage of voting rights acquired, identity of issuer

Where to find them

FCA NSM (Notification and Scanning Module) - the official register of all UK threshold notifications.

How Prior Moves uses them

UK large shareholding disclosures feed the UK board ranking and comparison studies

Sources

Back to regulatory regimes