Title VIII · Final and transitional provisions

Article 539 Disclosure of holdings

Artigo 539.º · Publicidade de participações

Código das Sociedades Comerciais · Decree-Law No. 262/86 · consolidated text checked 26 October 2026

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1. Notifications under Articles 447 and 448 of holdings existing up to the date of entry into force of this law must be made during the first half-year following that date.

1 - As comunicações, nos termos dos artigos 447.º e 448.º, de participações existentes até à data da entrada em vigor desta lei devem ser efectuadas durante o 1.º semestre seguinte.

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2. Companies must inform their shareholders, by appropriate means, of the provisions of the preceding paragraph.

2 - As sociedades devem avisar os accionistas, pelos meios adequados, do disposto no número anterior.

What we checked in this article

The cross-reference to Articles 447 and 448, the deadline (the first half-year following entry into force) and the companies' duty to inform shareholders are retained.

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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.

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