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Chapter 12

Explanation of terms

 Dealing

– Dealing is acquiring or disposing of, or agreeing to acquire or dispose of
relevant securities whether directly or through an agent or nominee or a
person acting according to direction.

 Encouraging another to deal

– If someone with information encourages another to deal knowing or having
reasonable cause to believe the dealing will take place and the deal
actually takes place with the person encouraged knowing the securities
are price-affected.

 Securities

– Shares, debts securities and warrants traded on a regulated market, such
as the Stock Exchange.

 Inside information

– Relates to particular securities or to a particular issuer of securities

– Is specific or precise

– Has not been made public

– If made public would be likely to have a significant effect on the price.

 Insider

– An insider has is someone who is an employee or officer of the company,
or someone who gains information from such a person.

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