Companies Act 2014


Dealing by agent in shares or debentures subject to disclosure order

817. (1) This section applies where a person (the “principal”) authorises another person (the “agent”) to acquire or dispose of, on the principal’s behalf, interests in shares (the “shares”) comprised in the share capital of a company, or in debentures (the “debentures”) of the company, in respect of which a disclosure order is made.

(2) For the duration of the disclosure order, the principal shall ensure that the agent notifies the principal immediately of acquisitions or disposals of the shares or debentures effected by the agent that will or may give rise to any obligation under the order on the part of the principal to provide information in respect of the principal’s interest in the shares or debentures.