Article 27a 1.

Member States shall require institutions, and financial holding companies and mixed financial holding companies within the scope of Article 21a(1) (the ‘proposed acquirer’) to notify their competent authority in writing in advance where they intend to acquire, directly or indirectly, a material holding (the ‘proposed acquisition’). The notification shall indicate the size of the proposed acquisition and the relevant information, as specified in Article 27b(5).