Trading notice. Where any director, officer or employee of the Company proposes to deal at any time in the Securities, prior approval from the Chairperson (or in the case of the Chairperson, from chairperson of the Audit and Risk Committee) is required in order to determine whether such a transaction might be sensitive or infringe the general prohibition on Xxxxxxx Xxxxxxx (see paragraph 3.4(a) above). For this purpose, the relevant person must provide at least 1 day prior written notice to the Chairperson (or in the case of the Chairperson, to the chairperson of the Audit and Risk Committee) of the proposed trading in the Securities. This notice may be a "standing notice" that the relevant person intends to buy or sell the Securities:
Trading notice. Where any employee of the Company (including its directors) proposes dealing at any time in the Securities, prior approval from the Chairman is required in order to determine whether such a transaction might be sensitive or infringe the general prohibition on Xxxxxxx Xxxxxxx (see paragraph 3.4(a) above). For this purpose, the relevant person must seek the written permission of the Chairman at least 7 days prior to the proposed trading in the Securities. This request may be a "standing notice" that the relevant person intends to buy or sell the Securities over a specified period (up to a maximum of 5 business days after expiry of the notice to the Chairman) after the initial 7 day period or may specify that the relevant person intends to buy or sell the Securities up to a maximum amount as specified in the request to the Chairman.
Trading notice. Where any employee of the Company (including its directors) proposes dealing at any time in the Securities, prior notice to and approval from the Chairman (in the case of directors, CEO and CFO / Company Secretary) or the CEO (in the case of employees) is required in order to determine whether such a transaction might be sensitive or infringe the general prohibition on Xxxxxxx Xxxxxxx (see paragraph 3.4(a) above). For this purpose the relevant person must obtain approval from the Chairman or CEO of the proposed trading in the Securities. Generally, trades should take place within 10 business days of the receipt of approval.
