Shard Capital Insider Confirmation

As part of our day-to day-business, Shard Capital Stockbrokers are made aware of trading opportunities including companies whose securities are traded on a public market, which are preparing to undertake fundraisings. Shard Capital is made aware of these situations prior to them being formally announced to the market.

Shard Capital would sometimes like to make you aware of such opportunities. However to do this, we may need to make you an “insider”. An insider is someone who has inside information about a company. Inside information is information of a precise nature not generally available, but if it was generally available would be price sensitive.

Being an insider is a serious matter. Should you, among other matters, disclose inside information to a third party or act on that information by dealing in the investment or encourage another person to deal in that investment, then you open yourself to both criminal and civil sanctions as described in the warning and undertaking.

Please read the Warning and Undertaking at the bottom of this page. If you are happy to abide by the conditions detailed, please enter your details, tick the check box and click ‘submit’.

Should you not wish to be made an insider, then please contact us and we will ensure that you are not made inside by Shard Capital or its’ staff.

Warning and Undertaking
I hereby acknowledge and agree that some or all of the information that Shard Capital, its officers, employees, consultants, partners or agents disclose to you concerning securities may be inside information for the purposes of the Criminal Justice Act 1993 (“CJA”) and I will not deal in securities that are price-affected securities (as defined in CJA, including the company’s securities), encourage another person to deal in securities that are price affected securities or disclose inside information other than as permitted by the CJA until such information is made public. Breach of such provisions is a criminal offence punishable by up to seven years imprisonment. Accordingly, I hereby agree to be placed on Shard Capital’s insider list in respect of such relevant company’s securities.

You will not base any behaviour in relation to the confidential information provided on the company (the company’s shares are investments which are qualifying investments as defined in the Financial Services and Markets Act 2000 (“FSMA”) and the Code of Market Conduct made pursuant to FSMA) where such behaviour would amount to market abuse for the purposes of FSMA. Breach of such provisions can result in you receiving censure and an unlimited fine from the UK Financial Conduct Authority.

I am aware that market abuse can consist of

  • Insider dealing
  • Improper disclosure
  • Misuse of information
  • Manipulating transactions
  • Manipulating devices
  • Dissemination
  • Misleading behaviour
  • Distortion

The full Code of Market Conduct can be found at –

I further agree that Shard Capital may make me an insider when seeking to raise money for companies and in such circumstances I am aware of my responsibilities under law and under the Code of Market Conduct. I am also aware of the penalties I may suffer should I disclose or deal in relevant price affected securities or engage in market abuse.