Substantial Shareholder

Verbatim from SID (accessed 2026-05-27).

A shareholder who has an interest of interests in one or more voting shares in the company; and the total votes attached to that share, or those shares, is not less than 5 per cent of the total votes attached to all the voting shares in the company. “Voting shares” exclude treasury shares.

Read the original definition at SID →

Where the exchange or a regulator publishes its own definition we quote it verbatim, so the meaning is not coloured in the retelling; elsewhere the definition is written for this site. If you spot a definition that has changed at the source, please let us know via the contact details on the About page.