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Company Securities (Insider Dealing) Act 1985
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10" Unpublished price sensitive information "
Any reference in this Act to unpublished price sensitive information in relation to any securities of a company is a reference to information which—
(a)relates to specific matters relating or of concern (directly or indirectly) to that company, that is to say, is not of a general nature relating or of concern to that company, and
(b)is not generally known to those persons who are accustomed or would be likely to deal in those securities but which would if it were generally known to them be likely materially to affect the price of those securities.
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