Details about a company's shareholder structure and significant changes to voting rights are essential when it comes to improving capital market transparency and helping investors with their decision-making. Therefore, both natural and legal persons are required to notify the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) and the company of the extent of their voting rights as soon as such rights exceed or fall below specific thresholds as a result of acquisition, disposal or other circumstances.
