Notification of Managers' Transactions to the Central Bank

Article 19 of MAR requires Persons Discharging Managerial Responsibilities (‘PDMR’) within an issuer or an emission allowance market participant and any Person Closely Associated (‘PCA’) with a PDMR, to notify the issuer (or the emission allowance market participant) and the Central Bank of certain transactions conducted on their own account promptly and no later than 3 business days after the date of the transaction.

The information must be made public by the issuer (or the emission allowance market participant) promptly and no later than 3 business days after the transaction.

A threshold of EUR5,000 in value of transactions (without netting) per calendar year applies, above which all subsequent transactions must be notified to the Central Bank.

The following transactions are notifiable under Article 19 of MAR -

• transactions in shares or debt instruments of the issuer in which the PDMR discharges managerial responsibilities or derivatives or other financial instruments linked thereto;
• transactions in emission allowances, auction products based thereon or derivatives relating thereto.

A PDMR Notification Template and Form can be downloaded here.

Access to the Online Reporting System

For PDMRs

If you are a PDMR within an issuer and wish to submit a notification of a transaction, you are first required to register on the ONR.  Please email [email protected] with subject line marked 'PDMR - Request for ONR Access' containing the following information:

1. Name of issuer
2. Name and contact details of PDMR (E-mail and telephone number)
3. Job Title of PDMR

Applications for ONR registration received by the Central Bank after 3:00pm may not be process until the following business day.

Once your registration has been confirmed, you will be issued with an Institution Code, Login Name and Password.  Instruction on how to submit a notification is also provided at this stage.

For Persons Closely Associated (PCA) 

If you are a PCA and wish to submit a notification of a transaction, you are first required to register on the ONR. Please e-mail [email protected] with subject line marked 'PCA - Request for ONR Access' containing the following information:

1. Name of issuer
2. Name and contact details of PCA (e-mail and telephone number)
3. Name and Job Title of PDMR with whom you are associated

Applications for ONR registration received by the Central Bank after 3:00pm may not be processed until the following business day.

Once your registration has been confirmed, you will be issued with an identification code, Login Name and Password.  Instruction on how to submit a notification is also provided at this stage.

Submission

Completed PDMR / PCA Notification Forms must be submitted through the ONR portal.  If you have any difficulties or queries please call 01-2244545.