notifiable interest

notifiable interest
A holding of 10% or more (including non-beneficial interests) in the shares of a public company. When an investor has such a holding, he is obliged to notify the company within two business days. In addition, he must notify the company when the holding moves to each next full percentage point i.e. to 11%, 12%, 13% etc. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

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