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Get the free Change in substantial holding - Alumina Limited (ASX:AWC)

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603Page 1 of 3Form 603 Corporations Act 2001 Section 671BNotice of initial substantial holder To Company Name/SchemeWESTGOLD RESOURCES LTDACN/ARSN/ABN60 009 260 3061. Details of substantial holder
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01
Identify the relevant form or document for reporting a change in substantial holding.
02
Gather necessary information about the holding, including the number of shares held, percentage ownership, and the relevant dates.
03
Complete the form accurately, ensuring that all required fields are filled out correctly.
04
Attach any supporting documents that may be required, such as transaction records.
05
Review the completed form for any errors or omissions.
06
Submit the form to the appropriate regulatory body or authority as specified in the instructions.

Who needs change in substantial holding?

01
Shareholders who hold a substantial amount of shares in a company.
02
Companies that are publicly listed and subject to securities regulations.
03
Entities that manage trusts or investment funds that achieve substantial holdings in companies.
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A change in substantial holding refers to a significant alteration in the percentage of voting rights or shareholdings that a person or entity has in a public company, typically exceeding a prescribed threshold.
Individuals or entities that hold a substantial number of shares in a company, usually exceeding a specific percentage (commonly 5% or more), are required to file a change in substantial holding.
To fill out a change in substantial holding, one must complete the designated form provided by the regulatory authority, detailing the nature of the change, the previous and new shareholding percentages, and any relevant transaction dates.
The purpose of reporting a change in substantial holding is to maintain transparency in the market, inform investors of significant changes in ownership, and ensure adherence to regulatory obligations.
The report must include the identity of the substantial shareholder, details of the holding before and after the change, the percentage change, transaction dates, and any related agreements.
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