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ARTICLE · 06 JANUARY 2022

PDMR And PCA Notifications To Be Submitted Through A Web-based Notification

As of 1 February 2022 all persons discharging managerial responsibilities of listed issuers (PDMRs), as well as the persons closely associated to them (PCAs)...

MaltaCorporate/Commercial Law

As of 1 February 2022  all persons discharging managerial responsibilities of listed issuers (PDMRs), as well as the persons closely associated to them (PCAs), will need to submit their PDMR / PCA notifications online, via the MFSA's new web-based notification form which can be accessed here.

Step-by-step guide

In order to facilitate the transition, the MFSA has published a very helpful step-by-step guide which will help PDMRs and PCAs in completing their notification forms. This guide is particularly useful in that it provides clarity on the information that the MFSA expects to be inserted in certain parts of notification. Notably, the guide includes a number of terms which can be used to describe the nature of the particular transaction being notified, for example, if the notification is being submitted to notify of a PDMR's subscription of securities during an offer period, the word ‘subscription' may be included in the Nature of Transaction  field

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