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.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

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



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.

Similar legal templates

Standard Selection Questionnaire (Public Contracts)

The Standard Selection Questionnaire (Public Contracts) under UK law is a legal template designed to assist organizations in their procurement process when specifically dealing with public contracts in the United Kingdom. This questionnaire serves as a comprehensive document that aims to evaluate and pre-qualify potential suppliers or service providers before awarding a public contract.

The questionnaire template typically consists of a series of detailed questions addressing various aspects such as the company's financial stability, technical capabilities, relevant experience, previous performance, compliance with legal and regulatory requirements, as well as their capability to undertake the specific contract being tendered.

This legal template is crucial during the procurement process as it ensures transparency, fairness, and equal opportunity for all potential suppliers. It helps contracting authorities or government entities to assess the suitability and capability of suppliers, reducing potential risks associated with awarding public contracts to unsuitable or incapable candidates.

By utilizing this Standard Selection Questionnaire, organizations can consistently evaluate potential suppliers in a standardized manner, allowing them to make informed decisions based on objective criteria. Furthermore, it helps streamline the procurement process by collecting all essential information from potential suppliers upfront, saving time and effort throughout the evaluation process.

Overall, this legal template provides a structured approach to the selection and evaluation process for public contracts under UK law, promoting fair competition and ensuring that the most qualified and capable suppliers are chosen to deliver these important projects.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales

Surveyor Contract

This Surveyor contract template is designed for a commercial surveying organisation (or an individual surveyor) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of surveying and surveying-related services to be completed by the surveyor on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the surveying firm or individual surveyor on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).

Read More

Publisher

Genie AI

Jurisdiction

England and Wales

Sustainability Consultant Contract

This Sustainability Consultant contract template is designed for a commercial sustainability consulting organisation (or an individual sustainability consultant) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of sustainability consulting and sustainability-consulting-related services to be completed by the sustainability consultant on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the sustainability consulting firm or individual sustainability consultant on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).

Read More

Publisher

Genie AI

Jurisdiction

England and Wales