Section 212 Notices

Section 212 Notices
Under section 212 of the Companies Act 1985, a public company may send a notice to any person it has reasonable cause to believe is (or has been in the last three years) interested in its shares, requiring that person to give details to the company of any interest or holding in the company's shares within that three year period. This section 212 notice enables listed companies to identify when a potential predator is building up a holding in the company through nominee company names. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

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