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
Short-Form Employment Settlement Agreement
The Short-Form Employment Settlement Agreement under UK law is a legally binding document that outlines the terms and conditions of a settlement agreement between an employer and an employee. This template is designed to efficiently and concisely address the key provisions required to resolve any disputes or conflicts between the two parties. It covers various aspects such as a mutually agreed-upon settlement amount, confidentiality clauses, release of claims, and any additional terms necessary to ensure a fair and amicable resolution. This template aims to simplify the negotiation process and provide a clear framework for both parties to reach a final settlement agreement efficiently and in compliance with UK employment laws.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
4
RATINGS
3
DISCUSSIONS
2
Section 9 Standard Notice Of Tenant's Intent To Withdraw The Enfranchisement Claim
The legal template, "Section 9 Standard Notice of Tenant's Intent to Withdraw the Enfranchisement Claim under UK law," is a document that outlines the tenant's intention to withdraw their claim for enfranchisement. Enfranchisement refers to the process by which a tenant obtains the right to purchase the freehold or an extended lease of a property they currently occupy.
This template serves as a formal notice to the relevant authorities, such as the landlord and the appropriate legal entities, notifying them of the tenant's decision to withdraw their enfranchisement claim. It includes specific details such as the tenant's contact information, the property address, and any relevant references to the initial enfranchisement claim, such as the claim number and date.
Additionally, the template may include reasons behind the tenant's withdrawal, which could range from a change in circumstances, revised financial considerations, or a mutual agreement reached between both parties involved. The document generally ensures that the withdrawal notice is in compliance with UK law and any contractual obligations that might exist between the tenant and the landlord.
This template plays a crucial role in legally formalizing the tenant's intent to withdraw their enfranchisement claim, allowing all parties to be duly informed and providing an accurate record of such withdrawal.
This template serves as a formal notice to the relevant authorities, such as the landlord and the appropriate legal entities, notifying them of the tenant's decision to withdraw their enfranchisement claim. It includes specific details such as the tenant's contact information, the property address, and any relevant references to the initial enfranchisement claim, such as the claim number and date.
Additionally, the template may include reasons behind the tenant's withdrawal, which could range from a change in circumstances, revised financial considerations, or a mutual agreement reached between both parties involved. The document generally ensures that the withdrawal notice is in compliance with UK law and any contractual obligations that might exist between the tenant and the landlord.
This template plays a crucial role in legally formalizing the tenant's intent to withdraw their enfranchisement claim, allowing all parties to be duly informed and providing an accurate record of such withdrawal.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
6
RATINGS
4
DISCUSSIONS
3
Section 278 Agreement: Notice Of Default (Council To Developer)
The Section 278 Agreement: Notice Of Default (Council To Developer) under UK law is a legal template that outlines the procedure and requirements for notifying a developer of default under a Section 278 Agreement. Section 278 Agreements are typically entered into between a local authority (council) and a developer for the purpose of facilitating necessary highway works that are related to a development project.
This template provides the necessary framework for the local authority to formally notify the developer when they are in breach of their obligations or have failed to adhere to the terms outlined in the Section 278 Agreement. The notice of default serves as a formal communication, triggering certain legal consequences to rectify the default and ensuring the progress of the development project.
The agreement may specify different types of defaults, such as failure to complete works within the agreed timeframe, failure to provide required documentation, financial defaults, or non-compliance with relevant regulations. The notice of default describes the specific nature of the breach, the corresponding clause or provision of the Section 278 Agreement that has been violated, and the necessary steps to rectify the default.
The template also highlights the potential consequences of the default, which could include financial penalties, suspension of the development project, or even termination of the Section 278 Agreement. It may also outline the dispute resolution process in case the developer wishes to contest the notice of default or negotiate alternative solutions.
This legal template is designed to provide clarity, structure, and consistency in addressing defaults under a Section 278 Agreement, ensuring that both parties are aware of their rights, obligations, and the necessary steps to remedy any breach. It is intended to serve as a guide for local authorities in maintaining accountability and enforcing compliance with the terms of the agreement between the council and the developer.
This template provides the necessary framework for the local authority to formally notify the developer when they are in breach of their obligations or have failed to adhere to the terms outlined in the Section 278 Agreement. The notice of default serves as a formal communication, triggering certain legal consequences to rectify the default and ensuring the progress of the development project.
The agreement may specify different types of defaults, such as failure to complete works within the agreed timeframe, failure to provide required documentation, financial defaults, or non-compliance with relevant regulations. The notice of default describes the specific nature of the breach, the corresponding clause or provision of the Section 278 Agreement that has been violated, and the necessary steps to rectify the default.
The template also highlights the potential consequences of the default, which could include financial penalties, suspension of the development project, or even termination of the Section 278 Agreement. It may also outline the dispute resolution process in case the developer wishes to contest the notice of default or negotiate alternative solutions.
This legal template is designed to provide clarity, structure, and consistency in addressing defaults under a Section 278 Agreement, ensuring that both parties are aware of their rights, obligations, and the necessary steps to remedy any breach. It is intended to serve as a guide for local authorities in maintaining accountability and enforcing compliance with the terms of the agreement between the council and the developer.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
2
RATINGS
1
DISCUSSIONS
0
