FSA quarterly consultation paper 08/16 – trading plans

FSA quarterly consultation paper 08/16 – In Chapter 7 “The Model Code: trading plans” the FSA consult on a proposal to amend the Model Code in Annex 1 of Chapter 9 of the Listing Rules to allow persons discharging managerial responsibilities (PDMRs) of listed companies the ability to enter into trading plans which would allow them to deal in both non-prohibited and prohibited periods, provided that the terms of the plan were fixed outside a prohibited period.

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Keywords: Corporate Governance, Disclosure rules, Listing Rules, Model Code, Non-executive directors, PDMR
Categories: Corporate Governance and Listing Rules, Document archive