Any natural or legal person who holds a short position equal to or higher than 0.2% of the share capital of a company whose shares are admitted to trading on a European trading venue, if the main market for the share in question is located in Europe, must notify the competent Authority of this position within one trading day.

When the net short position is equal to or higher than 0.5% of the share capital, the competent authority publishes this information.

The same obligation of reporting to and publication by the competent authority applies when one of the successive supplementary thresholds set by 0.1% steps is crossed, either upwards or downwards.

Report to the AMF

Reports to the AMF must be made in electronic format via the ONDE extranet, the AMF system used for filing regulated information.

The access codes to this extranet system are issued by the AMF to new declarants who so request, after receipt and verification of all necessary information and documents (list of this required information).

New declarants may transmit this information to the following address: reportingpositionscourtes@amf-France.org.

Data required for notifications

The following information is provided to clients for AMF short selling notifications in excel:

  • ISIN Code
  • Full Name of Issuer
  • Position Date
  • Number of shares held
  • % of issued share capital
  • Date of Previous notification (YYYY/MM/DD)