UK Insider trading22 Nov 2024 22:16
Helpful LOL The FCA definition is exactly what I thought it would be.
Surprise Its like Canada
Here it is
Part I Definition
The Financial Conduct Authority (FCA) defines insider dealing as the illegal trading of assets or stock by individuals who have access to private company information. This information, known as inside information, is non-public and could impact the company's valuation and share price if it were made public.
Part II Application
II A -Is Helpful an insider Yes- He has confirmed
Ii B- Has Helpful posted information, views or opinions Yes
III C- Has the stock price moved Yes the stock price has moved
Summary
Insider trading cases are easy in Canada and given the UK definition it would be easy in the UK as well.
Helpful is lucky this is an AIM stock with low visibility with the regulatory bodies