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Insider administration

In addition to the regulations applicable to First North companies, Fondia Plc complies with the Nasdaq Helsinki Insider Trading Guidelines and its own Insider Trading Guidelines approved by the Board of Directors.

Insider registers and Manager’s transactions

The Company maintains project-specific insider lists in accordance with the applicable insider regulations.

Fondia Plc's persons discharging managerial responsibilities and persons closely associated with them shall notify Fondia and the FIN-FSA about transactions conducted with  Fondia Plc's financial instruments. The company has drawn up a list of all persons discharging managerial responsibilities as well as persons closely associated with them.

The persons deemed to discharge managerial responsibilities at Fondia (“Managers”) are:

  • members of the Board of Directors;

  • Chief Executive Officer (CEO); and

  • Chief Financial Officer (CFO).

You can view the information published in relation to transactions from here.

Closed window

Fondia Plc’s persons discharging managerial responsibilities and other persons in the information core may not trade in Fondia's financial instruments for their own account or for the account of third parties, directly or indirectly, during the period beginning 30 days before and ending on the day following the publication of each financial statement release, half-yearly report and Q1 and Q3 business reviews. The company will separately inform persons subject to the trading restrictions if, exceptionally, the financial statements do not contain all material information on the company's financial position and the closed window will therefore be extended to 30 days before the publication of the financial statements.

Supervision and training

The following matters are at the responsibility of insider administration of Fondia: 

  • internal communications on insider issues and matters relating to trading restriction and the disclosure requirements

  • training on insider issues, trading restrictions and reporting obligations;

  • managing and providing insider lists to the Finnish Financial Supervisory Authority (upon request);

  • supervision of insider issues, trading restrictions and reporting obligations;

  • maintaining a list of Managers and  persons closely associated with them who are subject to disclosure obligation;

  • maintaining a list of persons belonging to the informative core;

  • obtaining the necessary consents from persons on insider lists;

  • providing the necessary notifications to Managers and guidance to Managers on how to provide notifications to persons closely associated with them;

  • the duty to disclose the transactions of Managers and persons closely associated with them; and

  • carefully monitoring regulatory changes in the areas of insider dealing, trading restrictions and disclosure requirements.

Privacy notice

For a description of the register of transactions by management and related parties, click here.

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