Recurrent related party transaction of a revenue or trading nature and necessary for its day to day operations (“RRPT”)
If the relevant percentage ratio of a RRPT exceeds 0.25%, must a listed issuer announce the RRPT?
No, the threshold set out in paragraph 10.08(1) i.e. if the relevant percentage ratio is 0.25% or more is not applicable to RRPTs. The obligation to immediately announce RRPTs (where no mandate has been obtained) is set out in paragraph 10.09(1) of the Main LR.