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