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The Energy Order 2003 (Supply of Information) Regulations (Northern Ireland) 2008
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- Northern Ireland Statutory Rules
- 2008 No. 3
- Regulation 4
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Price sensitive informationN.I.
4.—(1) The Authority or a licence holder may refuse to supply under Article 24 of the Order any information which—
(a)relates to particular securities or to a particular issuer of securities or to particular issuers of securities;
(b)is specific or precise;
(c)has not been made public; and
(d)if it were made public would be likely to have a significant effect on the price of the securities.
(2) For the purposes of this regulation—
(a)“price” includes value;
(b)information shall be treated as relating to a particular issuer of securities which is a company not only where it is about the company but also where it may affect the company’s business prospects;
(c)“made public”, in relation to information, shall be construed in accordance with subsection (1) of section 58 of the Criminal Justice Act 1993(1); and
(d)“securities” means any securities to which Part V of the Criminal Justice Act 1993 (insider dealing) applies.
(1)
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