All Templates
Release existing obligations
🏡 Deed of release
Article 19 Mar Notification To Pdmr Of Their Obligations (Letter From Issuer)
Article 19 Mar Notification To Pdmr Of Their Obligations (Letter From Issuer)
Publisher one
Genie AISource file
article_19_mar_notification_to_pdmr_of_their_obligations_(letter_from_issuer)__template.docxJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🏡 Deed of releaseBusiness activity
Release existing obligationsA deed of release is a legal document that outlines the terms of an agreement between two parties. The agreement typically involves one party releasing another party from any legal liability or obligation.
The legal template titled "Article 19 Mar Notification To Pdmr Of Their Obligations (Letter From Issuer)" under UK law is a document that is typically used in the context of corporate governance and securities laws. It is designed to inform persons discharging managerial responsibilities (PDMRs), who are typically senior executives or directors within a company, of their obligations under Article 19 of the EU Market Abuse Regulation (MAR).
The MAR establishes rules and requirements to prevent insider trading and unlawful disclosure of inside information, thereby ensuring transparency and market integrity. PDMRs, due to their positions of authority and access to relevant information, have more extensive obligations and responsibilities regarding their dealings in the company's securities.
This template letter is sent by the issuer of securities (the company or the entity whose shares are traded on a public market) to the PDMRs, serving as a formal communication to notify them of their obligations under Article 19 of MAR. It outlines the legal requirements, restrictions, and obligations for PDMRs in relation to their transactions involving the issuer's securities.
The content of this template typically includes details about the legal framework, definitions of key terms, obligations related to insider dealing and disclosure of inside information, restrictions on dealing in securities during closed periods, and the need to notify the issuer and the regulatory bodies about transactions conducted by the PDMRs. Additionally, the template may include specific instructions on how to comply with the mentioned obligations and adhere to the regulatory requirements.
Overall, this legal template plays an essential role in ensuring PDMRs are aware of their obligations and assists in complying with the relevant laws and regulations governing their transactions in the issuer's securities. By providing a standardized format for communication, it helps issuers maintain transparency, adhere to market regulations, and mitigate the potential risks associated with insider trading or the unauthorized disclosure of inside information.
The MAR establishes rules and requirements to prevent insider trading and unlawful disclosure of inside information, thereby ensuring transparency and market integrity. PDMRs, due to their positions of authority and access to relevant information, have more extensive obligations and responsibilities regarding their dealings in the company's securities.
This template letter is sent by the issuer of securities (the company or the entity whose shares are traded on a public market) to the PDMRs, serving as a formal communication to notify them of their obligations under Article 19 of MAR. It outlines the legal requirements, restrictions, and obligations for PDMRs in relation to their transactions involving the issuer's securities.
The content of this template typically includes details about the legal framework, definitions of key terms, obligations related to insider dealing and disclosure of inside information, restrictions on dealing in securities during closed periods, and the need to notify the issuer and the regulatory bodies about transactions conducted by the PDMRs. Additionally, the template may include specific instructions on how to comply with the mentioned obligations and adhere to the regulatory requirements.
Overall, this legal template plays an essential role in ensuring PDMRs are aware of their obligations and assists in complying with the relevant laws and regulations governing their transactions in the issuer's securities. By providing a standardized format for communication, it helps issuers maintain transparency, adhere to market regulations, and mitigate the potential risks associated with insider trading or the unauthorized disclosure of inside information.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Seek Third Party Disclosure Approval For Relevant Freedom Of Information Request
This legal template pertains to seeking approval for third-party disclosure in relation to a relevant Freedom of Information (FOI) request under UK law. It addresses the circumstances where an individual or organization seeks access to certain information held by a public authority, which may involve the disclosure of information pertaining to a third party. Under UK law, there are legal provisions in place that allow for the withholding of information if its disclosure would result in a breach of confidence or potentially harm the rights, privacy, or commercial interests of a third party.
This template aims to assist individuals or organizations in applying for approval from the relevant authority to release information pertaining to a third party. It includes a detailed format and structure to ensure all necessary information is included in the application. This may involve justifying the need for third party disclosure, specifying the relevant FOI request, providing a clear description of the information sought, and addressing any potential concerns regarding the impact of disclosure on the third party's interests.
Overall, this legal template serves as a useful tool for individuals or organizations seeking to navigate the process of obtaining permission to disclose information related to a third party within the context of a relevant FOI request, ensuring compliance with UK law and promoting transparency in accessing information held by public authorities.
This template aims to assist individuals or organizations in applying for approval from the relevant authority to release information pertaining to a third party. It includes a detailed format and structure to ensure all necessary information is included in the application. This may involve justifying the need for third party disclosure, specifying the relevant FOI request, providing a clear description of the information sought, and addressing any potential concerns regarding the impact of disclosure on the third party's interests.
Overall, this legal template serves as a useful tool for individuals or organizations seeking to navigate the process of obtaining permission to disclose information related to a third party within the context of a relevant FOI request, ensuring compliance with UK law and promoting transparency in accessing information held by public authorities.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
0
DISCUSSIONS
0
Senior Management Accountability & Compliance Questionnaire (UK GDPR and DPA)
This legal template, titled "Senior Management Accountability & Compliance Questionnaire (UK GDPR and DPA) under UK law," is a comprehensive document designed to assess and ensure senior management's compliance with the General Data Protection Regulation (GDPR) and Data Protection Act (DPA) in the United Kingdom.
In the context of data protection laws, senior management plays a crucial role in overseeing and implementing the necessary measures to ensure the organization's compliance. This template serves as a questionnaire, providing a systematic framework to evaluate the accountability and compliance of senior management with respect to data protection regulations.
The questionnaire covers a wide range of pertinent aspects, including management's understanding and knowledge of the GDPR and DPA, their role in organizational data protection governance, staff training and awareness, risk assessment and mitigation, data breach management, consent management, transfer of personal data, vendor management and data processor agreements, records management, privacy impact assessments, and data subject rights management.
By employing this legal template, organizations can effectively assess their senior management's understanding of data protection laws, identify any gaps or areas for improvement, and take appropriate actions to enhance compliance, mitigate risks, and protect individuals' privacy rights. Compliance with the GDPR and DPA is crucial not only to avoid potential legal consequences but also to build trust and maintain a strong reputation with customers, employees, and stakeholders.
In the context of data protection laws, senior management plays a crucial role in overseeing and implementing the necessary measures to ensure the organization's compliance. This template serves as a questionnaire, providing a systematic framework to evaluate the accountability and compliance of senior management with respect to data protection regulations.
The questionnaire covers a wide range of pertinent aspects, including management's understanding and knowledge of the GDPR and DPA, their role in organizational data protection governance, staff training and awareness, risk assessment and mitigation, data breach management, consent management, transfer of personal data, vendor management and data processor agreements, records management, privacy impact assessments, and data subject rights management.
By employing this legal template, organizations can effectively assess their senior management's understanding of data protection laws, identify any gaps or areas for improvement, and take appropriate actions to enhance compliance, mitigate risks, and protect individuals' privacy rights. Compliance with the GDPR and DPA is crucial not only to avoid potential legal consequences but also to build trust and maintain a strong reputation with customers, employees, and stakeholders.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
4
RATINGS
1
DISCUSSIONS
1
Share Option Certificate (Exit-Only And Non Tax Advantaged)
The Share Option Certificate (Exit-Only and Non Tax-Advantaged) is a legal template that pertains to the United Kingdom's jurisdiction and outlines the terms and conditions for granting share options to employees or directors of a company.
This specific template focuses on exit-only share options, meaning that they can only be exercised upon specific events, such as the sale of the company or an initial public offering (IPO). Unlike tax-advantaged options, these shares do not have any favorable tax treatment and may be subject to regular income tax or capital gains tax upon exercise.
The certificate will detail the specific terms of the share options, including the number of shares granted, the exercise price, the vesting period, and any other conditions or restrictions imposed by the company. It will also specify the events triggering the exercise of options, the time frame within which they must be exercised, and the consequences of non-compliance.
The purpose of this template is to provide a legally binding agreement between the company and the option holder, ensuring transparency and clear understanding of the rights, obligations, and limitations associated with the granted share options. It aims to protect both parties' interests by establishing a fair, compliant, and unambiguous structure for the exercise and potential financial gain from the options.
It is important to note that this template is specifically tailored for companies operating under UK law, considering the legal and regulatory frameworks of the country. As such, it should be utilized in compliance with relevant UK legislation and seek professional advice when required to ensure adherence to any applicable tax laws and regulations.
This specific template focuses on exit-only share options, meaning that they can only be exercised upon specific events, such as the sale of the company or an initial public offering (IPO). Unlike tax-advantaged options, these shares do not have any favorable tax treatment and may be subject to regular income tax or capital gains tax upon exercise.
The certificate will detail the specific terms of the share options, including the number of shares granted, the exercise price, the vesting period, and any other conditions or restrictions imposed by the company. It will also specify the events triggering the exercise of options, the time frame within which they must be exercised, and the consequences of non-compliance.
The purpose of this template is to provide a legally binding agreement between the company and the option holder, ensuring transparency and clear understanding of the rights, obligations, and limitations associated with the granted share options. It aims to protect both parties' interests by establishing a fair, compliant, and unambiguous structure for the exercise and potential financial gain from the options.
It is important to note that this template is specifically tailored for companies operating under UK law, considering the legal and regulatory frameworks of the country. As such, it should be utilized in compliance with relevant UK legislation and seek professional advice when required to ensure adherence to any applicable tax laws and regulations.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
2
RATINGS
3
DISCUSSIONS
0
