D&O Ongoing Disclosures – Multiple

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
NZX Limited
Date this disclosure made:
18-Oct-23
Date of last disclosure:
5-Jul-23
Director or senior manager giving disclosure
Full name(s):
Frank Maurice Aldridge
Name of listed issuer:
NZX Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
NZX Ordinary Shares
Nature of the affected relevant interest(s):
Beneficial
For that relevant interest-
Number held in class before acquisition or disposal:
4,118
Number held in class after acquisition or disposal:
61,341
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Custodial Services Limited as
custodian for FM Aldridge Trust
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: Three
Details of transactions requiring disclosure-
Date of transaction:25-Sep-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$1,800.42
Number of financial products to which the transaction related:
1,622
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Details of transactions requiring disclosure-
Date of transaction:6-Oct-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
($1.1100 per share)

Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$51.06
Number of financial products to which the transaction related:
46
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Details of transactions requiring disclosure-
Date of transaction:11-Oct-23
Nature of transaction:
Correction of shareholding due to error
with trust name recorded in previous
ongoing disclosure notices
(specifically, the name of FM Aldridge
Trust has been incorrectly recorded as
FM Aldridge Family Trust)
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
N/A
Number of financial products to which the transaction related:
55,555
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
18-Oct-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior
manager of a listed issuer, or of a related body corporate, or in specified derivatives.
The disclosure must be made within—
($1.1100 per share)

(a) 20 working days after the first acquisition or disposal disclosed in this
notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the
Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first acquisition or disposal
disclosed in this notice.

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
NZX Limited
Date this disclosure made:
18-Oct-23
Date of last disclosure:
5-Jul-23
Director or senior manager giving disclosure
Full name(s):
Peter Michael Jessup
Name of listed issuer:
NZX Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
NZX Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial
For that relevant interest-
Number held in class before acquisition or disposal:
4,118
Number held in class after acquisition or disposal:
5,786
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Peter Michael Jessup
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: Two
Details of transactions requiring disclosure-
Date of transaction:25-Sep-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$1,800.42
Number of financial products to which the transaction related:
1,622
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Details of transactions requiring disclosure-
Date of transaction:6-Oct-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
($1.1100 per share)

The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$51.06
Number of financial products to which the transaction related:
46
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
18-Oct-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior
manager of a listed issuer, or of a related body corporate, or in specified derivatives.
The disclosure must be made within—
(a) 20 working days after the first acquisition or disposal disclosed in this
notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the
Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first acquisition or disposal
disclosed in this notice.
($1.1100 per share)

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
NZX Limited
Date this disclosure made:
18-Oct-23
Date of last disclosure:
5-Jul-23
Director or senior manager giving disclosure
Full name(s):
Rachel Jane Walsh
Name of listed issuer:
NZX Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
NZX Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial
For that relevant interest-
Number held in class before acquisition or disposal:
1,788
Number held in class after acquisition or disposal:
2,806
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Rachel Jane Walsh
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: Two
Details of transactions requiring disclosure-
Date of transaction:25-Sep-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$1,068.93
Number of financial products to which the transaction related:
963
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Details of transactions requiring disclosure-
Date of transaction:6-Oct-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
($1.1100 per share)

The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$61.05
Number of financial products to which the transaction related:
55
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
18-Oct-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior
manager of a listed issuer, or of a related body corporate, or in specified derivatives.
The disclosure must be made within—
(a) 20 working days after the first acquisition or disposal disclosed in this
notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the
Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first acquisition or disposal
disclosed in this notice.
($1.1100 per share)

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
NZX Limited
Date this disclosure made:
18-Oct-23
Date of last disclosure:
5-Jul-23
Director or senior manager giving disclosure
Full name(s):
Dame Paula Rae Rebstock
Name of listed issuer:
NZX Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
NZX Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial
For that relevant interest-
Number held in class before acquisition or disposal:
1,727
Number held in class after acquisition or disposal:
3,438
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Paula Rae Rebstock and Ulf Dettmer
Schoefisch
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: Three
Details of transactions requiring disclosure-
Date of transaction:25-Sep-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$1,800.42
Number of financial products to which the transaction related:
1,622
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Details of transactions requiring disclosure-
Date of transaction:5-Oct-23
($1.1100 per share)

Nature of transaction:
Issue of NZX Ordinary Shares
pursuant to the NZX Dividend
Reinvestment Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$47.19
Number of financial products to which the transaction related:
43
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Details of transactions requiring disclosure-
Date of transaction:6-Oct-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$51.06
Number of financial products to which the transaction related:
46
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
18-Oct-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior
manager of a listed issuer, or of a related body corporate, or in specified derivatives.
The disclosure must be made within—
(a) 20 working days after the first acquisition or disposal disclosed in this
notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the
Financial Markets Conduct Act 2013; or
($1.0974 per share)
($1.1100 per share)

(b) in any other case, 5 trading days after the first acquisition or disposal
disclosed in this notice.

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
NZX Limited
Date this disclosure made:
18-Oct-23
Date of last disclosure:
5-Jul-23
Director or senior manager giving disclosure
Full name(s):
Elaine Jennifer Campbell
Name of listed issuer:
NZX Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
NZX Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial
For that relevant interest-
Number held in class before acquisition or disposal:
13,979
Number held in class after acquisition or disposal:
15,097
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Elaine Jennifer Campbell
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: Two
Details of transactions requiring disclosure-
Date of transaction:25-Sep-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$1,181.04
Number of financial products to which the transaction related:
1,064
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Details of transactions requiring disclosure-
Date of transaction:6-Oct-23
Nature of transaction:
On market purchase pursuant to the
NZX Directors Share Purchase Plan
Name of any other party or parties to the transaction (if known):N/A
($1.1100 per share)

The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$59.94
Number of financial products to which the transaction related:
54
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
18-Oct-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior
manager of a listed issuer, or of a related body corporate, or in specified derivatives.
The disclosure must be made within—
(a) 20 working days after the first acquisition or disposal disclosed in this
notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the
Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first acquisition or disposal
disclosed in this notice.
($1.1100 per share)

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
NZX Limited
Date this disclosure made:
18-Oct-23
Date of last disclosure:
4-Apr-23
Director or senior manager giving disclosure
Full name(s):
Mark John Peterson
Name of listed issuer:
NZX Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Chief Executive Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
NZX Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial
For that relevant interest-
Number held in class before acquisition or disposal:
778,964
Number held in class after acquisition or disposal:
798,780
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Mark John Peterson
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: One
Details of transactions requiring disclosure-
Date of transaction:5-Oct-23
Nature of transaction:
Issue of NZX Ordinary Shares
pursuant to the NZX Dividend
Reinvestment Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$21,746.08
Number of financial products to which the transaction related: 19,816
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
($1.0974 per share)

Class of quoted financial products:
Performance rights which give the
holder options to acquire NZX
Ordinary shares
Nature of relevant interest:Legal and Beneficial
For that relevant interest,-
Number held in class:550,449
Current registered holder(s):Mark John Peterson
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
18-Oct-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior
manager of a listed issuer, or of a related body corporate, or in specified derivatives.
The disclosure must be made within—
(a) 20 working days after the first acquisition or disposal disclosed in this
notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the
Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first acquisition or disposal
disclosed in this notice.

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
NZX Limited
Date this disclosure made:
18-Oct-23
Date of last disclosure:
4-Apr-23
Director or senior manager giving disclosure
Full name(s):
Graham Nicholas Stewart Law
Name of listed issuer:
NZX Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Chief Financial and Corporate Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
NZX Ordinary Shares
Nature of the affected relevant interest(s):
Legal and Beneficial
For that relevant interest-
Number held in class before acquisition or disposal:
201,908
Number held in class after acquisition or disposal:
207,044
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Graham Nicholas Stewart Law
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: One
Details of transactions requiring disclosure-
Date of transaction:5-Oct-23
Nature of transaction:
Issue of NZX Ordinary Shares
pursuant to the NZX Dividend
Reinvestment Plan
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
$5,636.25
Number of financial products to which the transaction related: 5,136
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
($1.0974 per share)

Class of quoted financial products:
Performance rights which give the
holder options to acquire NZX
Ordinary Shares
Nature of relevant interest:Legal and Beneficial
For that relevant interest,-
Number held in class:234,432
Current registered holder(s):Graham Nicholas Stewart Law
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:NZX Subordinated Notes (NZX010s)
Nature of relevant interest:Legal and Beneficial
For that relevant interest,-
Number held in class:113,000
Current registered holder(s):Graham Nicholas Stewart Law
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
18-Oct-23
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
Notes
Use this form to disclose all the acquisitions and disposals by a director or senior
manager of a listed issuer, or of a related body corporate, or in specified derivatives.
The disclosure must be made within—
(a) 20 working days after the first acquisition or disposal disclosed in this
notice if the aquisitions or disposals are of a kind referred to in section 297(2)(a) of the
Financial Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first acquisition or disposal
disclosed in this notice.