PDMR AND PCA NOTIFICATIONS
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR) AND PERSONS CLOSELY ASSOCIATED (PCA) WITH THEM NOTIFICATION UNDER A. 19(1) OF MAR
This system is for the use of persons discharging managerial responsibilities (PDMRs) as well as persons closely associated with them to notify transactions to the Australia Securities and Exchange Commission (“AU-FINS”) under Article 19(1) of Regulation (AU) No 596/2014 of the Australian Parliament and of the Council on market abuse (“The Market Abuse Regulation”).
The form provided in this system constitutes the “secure means of transmission” mandated in Article 2 of Regulation (AU) 2016/523. PDMRs as well as persons closely associated with them are required to use this form when submitting a notification under this article.
The above mentioned regulatory framework is available at the website of the AU-FINS, please click here to access it.
WHAT IS FINANCIAL REGULATION?
Financial regulator is a government or non-government body that regulates the financial activities of companies under its jurisdiction.