Close period

Under Article 19, Item 11 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse, a person discharging managerial responsibilities in a Company (i.e. members of the Supervisory Board and Board of Directors) shall not conduct any transactions on their own account or for an account of any third party, directly or indirectly, relating to the shares or debt instruments of the issuer or to derivatives or other financial instruments linked to them during a closed period of 30 calendar days before the announcement of an interim financial report.

Under Article 19, Item 12 of the MAR Regulation, the Company may allow a person discharging managerial responsibilities within it to trade on its own account or for the account of a third party during a closed period.

 

from 28.01.2017 to 27.02.2017  - a closed period related to publication of the report for the 4th quarter of 2016

from 20.03.2017 to 21.04.2017 - a closed period related to publication of annual the reports for 2016

from 14.04.2017 to 15.05.2017 - a closed period related to publication of the report for the 1st quarter of 2017

from 23.07.2017 to 22.08.2017 - a closed period related to publication of the report for the 1st half 2017

from 10.10.2017 to 09.11.2017 - a closed period related to publication of the report for the 3rd quarter of 2017

 

Under MAR Regulation, prior to announcement of the inside information the insiders shall not:

  • make use of the inside information,
  • disclose the inside information to unauthorized persons and entities,
  • recommend or induce acquisition or disposal of financial instruments,
  • conduct any transactions relating to securities issued by the Company and financial instruments related thereto, attempt to conduct such transactions and modify or cancel orders after the insider has come into possession of inside information.