A FTSE100 Company Secretary writes...
Could I ask other PLCs how they deal with Permissions To Deal (PTD) requests for employees that are transferring shares to an ISA, where that involves a transfer to the provider followed by a sale and a re-purchase?
That invariably involves the employee either buying back less shares than they sold or having to make up a shortfall to maintain the number of shares held. Do other PLCs require one PTD to cover the whole transaction or three to cover the transfer, the sale and then the purchase?
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