Quick Reference Guide: Acquisitions and the Change in …
persons (if acting in concert) are controllers if they: a) hold 10% or more of the shares in a UK-authorised person (A) or a parent undertaking (P) of A; b) hold 10% or more of the voting power in A or P; or c) hold shares or voting power in A or P as a result of which they are able to exercise significant influence over the management of A.
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