Section 245

1408

{a)

executive officers, directors and board members of an issuer of securities;

{b) any executive officer, director or board member of a legal firm or unincorporated business association, in which the issuer holds a share or voting rights, directly or indirectly, of 25 percent or more;

{c} any executive officer, director or board member of a legal firm or unincorporated business association who holds, directly or indirectly, a share or voting rights of 10 percent or more in an issuer of securities;

{d}

any executive officer, director or board member of an organisation that has been engaged in the placement of securities or the public offer of securities, as well as any employee of the issuer or an organisation participating in the issuing and marketing who has had access to insider information during his employment, for a period of one year after being placed on the market;

{e} any individual holding a share, directly or indirectly, of 10 percent or more in the capital of an issuer of securities;

{f}

any executive officer, director or board member of a credit institution in which the issuer of securities has an account;

{g}

any person obtaining inside information as part of his employment or when discharging his usual duties in an official capacity, or in any other way relating to work performed under contract of employment or otherwise;

{h}

any person obtaining inside information through criminal activities;

and

{i} any husband, wife, child, step-child, parents or nominee of a person referred to in paragraphs {a} to {h}.

Conduct not amounting to insider dealing.