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PDMR / PCA Dealing - Coggle Diagram
PDMR / PCA Dealing
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PCA
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Any legal person, trust or partnership, the managerial duties and responsibilities of which are carried out by the PDMR or PCA and
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Closed period
A PDMR must not for themselves or for a third party, directly or indirectly conduct any transactions in the financial instruments of the company during a closed period
A closed period is the period of 30 days prior to an announcement of the company's full or half year financial report
A preliminary announcement of full year results will count as an announcement of the full year results, provided the announcement contains all the key information expected to be included in the full year end report
Under MAR, there is no such prohibition on trading in the period prior to the announcement of quarterly results or trading updates however any transactions might well constitute insider dealing
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DTR notes that an individual may be a senior executive irrespective of the nature of any contractual arrangements between the individual and the issuer and notwithstanding the absence of contractual arrangements, provided the individual has regular access to inside information relating directly or indirectly to the issuer and has power to make managerial decisions affecting the future development and business prospects of the issuer
The classification of individuals as PDMRs will vary from company to company and PDMRs might not be directors of the company (but all directors will be PDMRs)