Rights Issues: New Disclosure Regime for Significant Short Positions

by Stephanie Bates
Mayer Brown International LLP View Firm Credentials
London Office

Drew Dana Salvest
Justine Usher
Mayer Brown International LLP View Firm Credentials
Chicago Office

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June 30, 2008

Previously published on June 18, 2008

On 13 June 2008, the Financial Services Authority (the "FSA") announced a new disclosure regime for significant short positions in quoted companies undertaking rights issues. The new disclosure regime takes effect from Friday 20 June 2008 and applies in relation to any position held on or after that date.

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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.

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Rights Issues: New Disclosure Regime for Significant Short Positions

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