(1) Regulations 5 and 6 do not apply -
(a) to trading in own shares in buy-back programmes, or to trading to secure the stabilisation of a financial instrument, provided that such trading is carried out in accordance with the Market Abuse Regulation (the text of which is set out, for convenience of reference, in Schedule 5), or
(b) to the purchase of own shares carried out in accordance with Part XI of the Companies Act 1990 (No. 33 of 1990).
(2) Subject to paragraph (4), the acquisition or disposal of interests in relevant share capital by a person during the stabilising period concerned, which -
(a) is done for the purpose of stabilising or maintaining the market price of securities, and
(b) is done in conformity with the Market Abuse Regulation,
shall be disregarded during the stabilising period for the purposes of sections 67 to 79 of the Companies Act 1990.
(3) Any interest in relevant share capital which -
(a) was acquired by a person during the stabilising period for the p