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The law imposes a disclosure obligation on the directors and members of the board of auditors of a listed company and "persons performing administrative, supervisory and management functions in a listed issuer and managers who have regular access to inside information and the power to make managerial decisions affecting the future development and prospects of the issuer" for so-called insider-dealing transactions involving shares of the company or financial instruments linked thereto amounting to more than euro 5,000 per year.
The Internal Dealing procedure regulates the terms and method of providing the market with information about operations carried out by the above mentioned person.