Disclosure of Shareholdings according to Art. 20 Stock Exchange Act (SESTA) |
If a person or group subject to the disclosure obligation attains, falls below or exceeds the
threshold of 3, 5, 10, 15, 20, 25, 33 1/3, 50 or 66 2/3 percent of the voting rights in a
company incorporated in Switzerland whose securities are listed, the person or group is
obliged to make a notification in writing to the company (issuer) and the stock exchange
no later than four trading days after the creation of the obligation to notify (conclusion
of a contract)
(Art. 20 SESTA[pdf]).
The relevant forms of the Disclosure Office
may be used for such disclosure. However, their use is not mandatory.
The issuer publishes the notification no later than two trading days after receiving it.
Publication takes place via the electronic publication platform operated by the Disclosure
Office (DO Publication Platform). The publication platform is one of the
issuer reporting and publication platforms and is available exclusively to issuers.
Notifications are published on the
website of the Disclosure Office and can be accessed there.
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