Insider List6 Nov 2025 10:32
This is what the opening paragraph looks like...
We are emailing you as we have now opened an insider list in respect of the discussions between yourself and ****** plc (the ‘Company’).
Under the UK Market Abuse Regulations, the Company is under an obligation to draw up a list of “all persons who have access to inside information and who are working for it under a contract of employment, or otherwise performing tasks through which they have access to inside information, such as advisers, accountants or credit rating agencies” and to promptly update the insider list when a change occurs. A separate insider list must also be kept for each matter or project that could involve inside information (a project insider list). Insider lists must be kept for at least five years and must be provided to the FCA on request as soon as possible."
It goes on and on....
From a call this morning at 7.30am. I was previously inside on this three years ago. As Speccy finally realised the other day: you can be inside and then not inside, it is how it works.
"We would also like to remind you that as an insider you are someone, who is considered to be, in possession of Inside Information, therefore, it is imperative to maintain the utmost levels of confidentiality around all aspects of the business, and this includes friends and family, without first discussing it with the Company. Inside Information is defined in Article 7 of the Market Abuse Regulation (“MAR”):
information of a precise nature;
which has not been made public;
relating, directly or indirectly, to one or more issuers or to one or more financial instruments; and which,
if it were made public, would be likely to have a significant effect on the prices of those financial instruments or on the price of related derivative financial instruments."
Perhaps, I should email them back and tell them they have got it all wrong and the trolls on here know better?
DYOR
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