The deferred publication of information in respect of transactions
may be authorised, for a period no longer than the period
specified in Table 4 in Annex II for the class of share and
transaction concerned, provided that the following criteria are
satisfied:
(a) the transaction is between an investment firm dealing on
own account and a client of that firm;
(b) the size of the transaction is equal to or exceeds the relevant
minimum qualifying size, as specified in Table 4 in
Annex II.
In order to determine the relevant minimum qualifying size for
the purposes of point (b), all shares admitted to trading on a
regulated market shall be classified in accordance with their
average daily turnover to be calculated in accordance with
Article 33.