Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

According to article 19 of Market Abuse Regulation (MAR) persons discharging managerial responsibilities (PDMR), as well as persons closely associated with them, shall notify the issuer and Finantsinspektsioon of every transaction conducted on their own account relating to the shares or debt instruments of that issuer or to derivatives or other financial instruments linked thereto. Such notification shall be made promptly and no later than three business days after the date of the transaction.

PDMR, as well as persons closely associated with them, shall notify of any subsequent transaction once a total amount of EUR 5 000 has been reached within a calendar year. The threshold of EUR 5 000 shall be calculated by adding without netting all transactions.

Transactions must be notified electronically via the register of transactions. If the notifier has not used the register of transactions before, it is necessary to send a digitally signed application to Finantsinspektsioon on following e-mail [email protected]. The application must include the first and the last name of the person requesting the access rights, the person's id code and a position.

Also it is possible to authorise someone else to submit the notification by submitting digitally signed authorisation letter and application including the aforementioned information to Finantsinspektsioon.

If the notification of transactions cannot be submitted via the register of transactions, please fill the template for notification and public disclosure of transactions and send it digitally signed to Finantsinspektsioon on following e-mail [email protected].