INTERNAL DEALING
Our internal dealing regulations govern the disclosure obligations of persons who hold positions of particular importance in the Company with regard to transactions carried out on shares and financial instruments of Generalfinance, as well as on financial instruments linked to them.
Those who exercise administrative, control or management functions (the Relevant Parties) in Generalfinance, as well as the persons closely associated with them (the Closely associated persons), must disclose the completion of transactions on listed financial instruments issued by the Company or on derivative instruments and those related to them and must comply with the restrictions on operating on these instruments, under the terms set forth in Article 19 of Regulation (EU) No. 596/2014, relating to market abuse (so-called MAR), the delegated regulations (Regulations (EU) No. 2016/522 and No. 2016/523) and Italian Legislative Decree No. 58/1998 (Consolidated finance law).
In implementation of these provisions, Generalfinance has adopted a specific regulation concerning transactions carried out by relevant parties pursuant to Article 19 of EU Regulation No. 596/2014 (“Internal Dealing”), also aimed at regulating in greater detail the procedures for the disclosures and the restrictions envisaged.
Internal Dealing Regulation
The Interested Parties and the Closely associated persons are directly responsible for the communications due pursuant to Article 19 of the MAR and may appoint the Company to provide communications on their behalf, only in the cases and under the conditions governed. If an agreement has not been formalised with the Company, they are required to make the necessary communications for each transaction, directly to Consob and the Company, promptly and in any case no later than 3 business days from the date of the transaction.
Relevant Parties are also prohibited from carrying out transactions on their own behalf or on behalf of third parties, directly or indirectly, on financial instruments issued by the Company and listed on regulated markets in the 30 days prior to the publication of the issuer Company's results for the period (so-called blackout period).
Those who exercise administrative, control or management functions (the Relevant Parties) in Generalfinance, as well as the persons closely associated with them (the Closely associated persons), must disclose the completion of transactions on listed financial instruments issued by the Company or on derivative instruments and those related to them and must comply with the restrictions on operating on these instruments, under the terms set forth in Article 19 of Regulation (EU) No. 596/2014, relating to market abuse (so-called MAR), the delegated regulations (Regulations (EU) No. 2016/522 and No. 2016/523) and Italian Legislative Decree No. 58/1998 (Consolidated finance law).
In implementation of these provisions, Generalfinance has adopted a specific regulation concerning transactions carried out by relevant parties pursuant to Article 19 of EU Regulation No. 596/2014 (“Internal Dealing”), also aimed at regulating in greater detail the procedures for the disclosures and the restrictions envisaged.
Internal Dealing Regulation
The Interested Parties and the Closely associated persons are directly responsible for the communications due pursuant to Article 19 of the MAR and may appoint the Company to provide communications on their behalf, only in the cases and under the conditions governed. If an agreement has not been formalised with the Company, they are required to make the necessary communications for each transaction, directly to Consob and the Company, promptly and in any case no later than 3 business days from the date of the transaction.
Relevant Parties are also prohibited from carrying out transactions on their own behalf or on behalf of third parties, directly or indirectly, on financial instruments issued by the Company and listed on regulated markets in the 30 days prior to the publication of the issuer Company's results for the period (so-called blackout period).
LOADING...