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603Page 1 of 2 15 July 2001Form 603 Corporations Act 2001 Section 671BNotice of initial substantial holder To Company Name/SchemeWESTGOLD RESOURCES LIMITEDACN/ARSN009 260 3061. Details of substantial
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Determine the threshold percentage required to be considered a substantial holder in the relevant jurisdiction.
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Acquire the necessary forms or documents for becoming a substantial holder.
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Fill out the forms or documents with accurate and up-to-date information about your holdings.
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Investors or shareholders who hold a significant stake in a company and are required by law to disclose their holdings to regulatory authorities.
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Becoming a substantial holder refers to a situation where an individual or entity acquires a significant percentage of shares in a company, typically reaching a threshold such as 5% of the total shares on issue.
Individuals or entities that acquire a substantial holding, usually defined as owning 5% or more of a company's shares, are required to file becoming a substantial holder.
To fill out becoming a substantial holder, you must provide information such as your personal or entity details, the number of shares acquired, the date of acquisition, and any relevant agreements or securities information.
The purpose is to ensure transparency in the ownership of companies and to inform the market and investors about significant shareholdings that could influence governance and decision-making.
The report must include details like the identity of the substantial holder, the number of shares held, the percentage of total shares, acquisition dates, and any voting agreements in place.
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