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FAQ 1.3

1.3

​Definition of "person connected"

​Is the stepmother of a director of a listed corporation deemed a family member of that director and hence, a person connected with that director?

Although a stepmother would not be regarded as a family member for purposes of the ACE LR, a stepmother may still be regarded as a person connected with the director if she fulfils the other criteria of the definition of “person connected” as stipulated under Rule 1.01 of the ACE LR.