Person discharging managerial responsibilities (“PDMR”)

Person discharging managerial responsibilities ("PDMR")

Article 19 of MAR states that PDMRs and their, “persons closely associated” (“PCA”), must report their transactions to the issuer as well as the relevant competent authority.

The Issuer is obliged to keep a list over who is a PDMR and all their closely associated persons are.

At the same time the PDMR has an obligation to notify their PCAs.

The recommended practice is also to collect notifications from the PDMR as well as the PCA to ensure they have understood their obligations.

Read more on the difference between a PDMR and a Permanent insider here.

Let your board members handle their obligations

Let your board members handle their obligations

We have extended our functionality beyond listed companies, also offering automated processes for board members (PDMRs) and companies that are “infected” by regulations.

Logwise lets the PDMR inform their associates, and makes sure they confirm that they have understood their obligations with full transparency.

Regulatory instructions and support directly is embedded into the user interface. Automatically providing contextually relevant legal guidance.

Read our guide on which legal entities the PDMR should consider to be Person closely associated (PCA)

Upcoming closed period reminder for PDMRs

Upcoming closed period reminder for PDMRs

Allow your board members extra time to make critical transactions before the closed period starts.

Instead of implementing time consuming routines. Let Logwise take the burden of making sure you stay compliant.

I am very satisfied with Logwise. You can add insiders to existing lists and notify the NCA with ease
Marianne Olsson
Chief Financial Officer
SenzaGen AB
I am very satisfied with the service and would recommend the service to other firms. Logwise has simplified the MAR process for us.
Anna Brandt
Chief Financial Officer
Hövding AB