Ordinance
of the Swiss Financial Market Supervisory Authority on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading
(FINMA Financial Market Infrastructure Ordinance, FinMIO-FINMA)

(Art. 120 paras. 1 and 4, 123 para. 1 Fin­MIA)

¹ A no­ti­fic­a­tion duty ap­plies in par­tic­u­lar when one of the thresholds un­der Art­icle 120 para­graph 1 Fin­MIA is achieved, ex­ceeded or fallen be­low of:

a.

due to an in­crease, de­crease or re­struc­tur­ing of share cap­it­al;

b.

due to the ac­quis­i­tion or dis­pos­al of pro­pri­et­ary equity se­cur­it­ies by a com­pany;

c.²⁰

due to the ac­quis­i­tion and dis­pos­al of equity se­cur­it­ies for in-house funds in ac­cord­ance with Art­icle 71 of the Fin­an­cial Ser­vices Act of 15 June 2018²¹ (FinSA);

d.

through the pro­por­tion of vot­ing rights in the ac­quis­i­tion po­s­i­tions in ac­cord­ance with Art­icle 14 para­graph 1 let­ter a 1, alone, wheth­er ex­er­cis­able or not and re­gard­less of wheth­er the total pro­por­tion of vot­ing rights in­clud­ing equity de­riv­at­ives un­der Art­icle 15 reaches, ex­ceeds or falls be­low a threshold;

e.

when trans­fer­ring equity se­cur­it­ies by vir­tue of the law or fol­low­ing a court or au­thor­ity rul­ing.

² Changes in in­form­a­tion un­der Art­icle 22 para­graphs 1 let­ters d and e, 2 let­ters c, d and f and 3 again trig­ger a no­ti­fic­a­tion duty.