Caverion Corporation’s Board of Directors has confirmed Insider Guidelines which are applicable in the entire Caverion Group. The Guidelines are based on Finnish legislation (esp. Securities Market Act) as well as on EU-legislation, especially on Market Abuse Regulation, Guidelines for Insiders of Listed Companies issued by Nasdaq Helsinki Oy and instructions given by Finnish Financial Supervisory Authority.
According to the Guidelines execution of transactions on Caverion Corporation’s securities meant in Insider Guideline on his or her account or for the account of a third party is restricted for persons discharging managerial responsibilities within Caverion, persons possible determined by Caverion to be permanent insiders as well as persons participating in the preparation, drafting, reviewing, auditing or disclosing of Caverion’s financial reports within a 30-day long period (closed window) before the announcement of financial statement bulletin, half yearly report or interim reports issued after the expiration of three and nine months. Closed window period lasts until the end of announcement day. In addition trading on Caverion’s securities is always forbidden when a person possesses inside information related to Caverion or its securities.
Persons belonging to the possible permanent insiders of Caverion comprise of employees and those who otherwise are providing agreement-based services for Caverion and who, on the basis of their position or working or service duties, have a regular access to inside information.
Caverion discloses transactions of persons discharging managerial responsibilities and persons closely related to them in accordance with the provisions of Market Abuse Regulation.
Transactions by the management
The management of Caverion Corporation (currently Chairman of the Board of Directors, members of the Board of Directors and President and CEO) are requested to follow the instructions below for notifying transactions as of July 3, 2016, in accordance with the Market Abuse Regulation ((EU) No 596/2014, ”MAR”).
The transaction notification shall be made promptly and no later than two (2) working days from the transaction. Caverion Corporation has an obligation to disclose the notification as a stock exchange release no later than three (3) business days of the transaction.
Instructions on managers' transaction notifications