Danish Securities Trading Act definition
Examples of Danish Securities Trading Act in a sentence
As of July 3, 2016, EU Regulation No 596/2014 on market abuse entered into force and Chapter 10 of the Danish Securities Trading Act was repealed.
The responsibility for determining whether at any point in time FCP (and his respective authorized representatives) would be insiders for the purpose of the Danish Securities Trading Act shall rest with FCP, and not with CPH.
Section 34(2) of the Danish Securities Trading Act (Vaerdipapirhandelsloven), and that, consequently, FCP may be or may become, from time to time, an insider in relation to CPH within the meaning of Chapter 10 of the Danish Securities Trading Act.
In such an event FCP will comply with the restrictions and obligations arising therefrom, including the following: For as long as FCP has insider information which could be of importance to a transaction concerning securities of CPH, FCP shall abstain from buying or selling or inducing others to buy or sell shares or other securities of CPH in violation of Section 35 of the Danish Securities Trading Act.
The board offer letter to the board of ASUR, shall include specific information to the ASUR board in order for the directors to be aware that they are receiving insider information about CPH and that the rules of the Danish Securities Trading Act referred to above apply to them and to any other person receiving such insider information.