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Recital 7

Recital 7

(7)Since Article 18(6), first subparagraph, of Regulation (EU) No 596/2014 allows issuers whose financial instruments are admitted to trading on an SME growth market to include in their insider lists only those persons who, due to the nature of their function or position within the issuer, have regular access to inside information, the insider lists referred to in that provision should not include separate event-based sections. Instead, they should list all insiders having regular access to inside information and, for each of them, specify the date and time when the insider obtained and ceased to have regular access to inside information. It follows that that list of insiders should not be amended each time upon the emergence of a specific piece of inside information, unless the list of insiders having regular access to inside information changes.

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