employee insider
For the purposes of the Model Code of the Listing Rules before 6 August 2007, an employee of the company, its parent undertaking or any member of its group whose name is required to be placed on an insider list in accordance with paragraph 2.8.1R of the Disclosure Rules. From 6 August 2007, the Model Code does not apply to employee insiders.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • insider list — As required by the Market Abuse Directive, a list maintained by issuers and their advisers which include details of persons working for the issuer (under a contract of employment or otherwise) with access to inside information relating, directly… …   Law dictionary

  • insider — in·sid·er n: a person who is in a position of power or has access to confidential information: as a: one (as an officer, director, employee, relative, or owner of more than 10% of the corporation s stock) who is in a position to have special… …   Law dictionary

  • Insider — For the Amplifier album, see Insider (album). For other uses, see Insiders (disambiguation) and The Insider (disambiguation). An insider is a member of any group of people of limited number and generally restricted access. The term is used in the …   Wikipedia

  • Employee stock option — An employee stock option is a call option on the common stock of a company, issued as a form of non cash compensation. Restrictions on the option (such as vesting and limited transferability) attempt to align the holder s interest with those of… …   Wikipedia

  • insider — /in suy deuhr/, n. 1. a person who is a member of a group, organization, society, etc. 2. a person belonging to a limited circle of persons who understand the actual facts in a situation or share private knowledge: Insiders knew that the… …   Universalium

  • relevant employee — A term used in the Model Code before 1 July 2005. This term was replaced by the term employee insider, which itself ceased to have effect in August 2007. Related links Model Code Practical Law Dictionary. Glossary of UK, US and international… …   Law dictionary

  • The Insider. (1999) — A former employee of a tobacco company is persecuted for disputing tobacco executives’ claims that nicotine is not addictive. Starring Al Pacino, Russell Crowe, and Christopher Plummer. Nolo’s Plain English Law Dictionary. Gerald N. Hill,… …   Law dictionary

  • restricted person — Under the Model Code of the Listing Rules, a person discharging managerial responsibilities or an employee insider. Related links employee insider …   Law dictionary

  • close period — 1) A period of time during which managers and employees of a listed company are prohibited from dealing in the company s securities. 2) Under the Model Code of the Listing Rules, a period of time during which persons discharging managerial… …   Law dictionary

  • Listing Rules — (LR) Rules published by the Financial Services Authority and contained in the Listing Rules sourcebook which is part of the FSA Handbook. They lay down minimum requirements for the admission of securities to listing, the content, scrutiny and… …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”