Insider administration
Musti Group’s Insider Guidelines summarize the most important rules and restrictions regarding inside information based on Finnish and EU laws and regulation, including the EU’s Regulation 596/2014/EU on market abuse (the “MAR”) and related regulation, the Finnish Securities Markets Act (746/2012, as amended, the “SMA”), the Finnish Penal Code (39/1889, as amended) as well as the guidelines for insiders of Nasdaq Helsinki Oy.
Insider Guidelines include rules and regulations about prohibited use of inside information, the company’s insider lists, disclosure and delayed disclosure of inside information and notifying transactions of the company’s management and their closely associated persons.
Persons discharging managerial responsibilities in the company as well as persons closely associated with them have an individual obligation to notify the company and the Finnish Financial Supervisory Authority of transactions conducted on their own account relating to the shares or debt instruments of the company or other financial instruments or derivatives linked thereto. At Musti Group, the managers subject to the notification obligation are the members of the Board of Directors, the CEO and the members of the Management Team.
The managers may not conduct any transactions on their own account or for the account of a third party, directly or indirectly, relating to the Musti Group’s shares or other financial instruments during a closed period of thirty (30) calendar days before the announcement of an interim financial report or a year-end report, including the day of publication of said report. The company notifies the managers of the closed period in advance.
Company has expanded the trading restrictions during the closed period to cover also such employees and other persons, who are not managers, and who have a possibility to acquire information on the interim financial report or the year-end report of the company due to their position or duties before the publication thereof.
The Insider Guidelines are delivered to all insiders of the company and are made available on the company’s intranet.
