Introduction
(1) In this Schedule "manager" means a person discharging managerial responsibilities within an issuer.
(2) This Schedule defines what is meant by references in the provisions of this Part relating to disclosure rules to a person being "connected" with a manager (or a manager being "connected" with a person).
Meaning of "connected person"
(1) The following persons (and only those persons) are connected with a manager -
(a) members of the manager’s family (see paragraph 3);
(b) a body corporate with which the manager is associated (as defined in paragraph 4);
(c) a person acting in his capacity as trustee of a trust -
(i) the beneficiaries of which include the manager or a person who by virtue of paragraph (a) or (b) is connected with him, or
(ii) the terms of which confer a power on the trustees that may be exercised for the benefit of the manager or any such person,
other than a trust for the purposes of an employees’ share scheme or a pensio