Nurminen Logistics Plc follows in the management of insider issues the Market Abuse Regulation (EU N:o 596/2014, “MAR”) and the Nasdaq Helsinki Ltd Guidelines for Insiders.
The company also has its own guidelines for insiders. Nurminen Logistics maintains a company-specific insider list and project-specific insider lists, who on the basis of an employment or other contract work for the company or/and obtain insider information associated with a specific project.
Nurminen Logistics publishes company managers’ and their closely associated persons’ transactions on financial instruments of the company with stock exchange releases. Nurminen Logistics has determined that the managers (including their closely associated persons), whose transactions with Nurminen Logistics’ financial instruments shall be notified and published based on MAR, consist of members of the Board of Directors, the President and CEO and the members of Management Team. All managers’ transactions are available on the company’s website.
The managers are prohibited from trading in Nurminen Logistics Plc’s securities for 30 days prior to the publication of Nurminen Logistics’ interim reports or financial statements releases. Company has also defined the 30 days trading restriction (closed window) to be subject to those employees who regularly participate in preparing or disclosing interim reports or financial statements bulletins. Project-specific insiders are prohibited from trading in the company’s securities until the project concerned has been cancelled or disclosed.
The adherence to insider guidelines and for monitoring the duty to declare as well as the maintenance of project-specific insider lists is done under supervision of the CFO. The company maintains its insider lists in the Euroclear Finland Oy’s SIRE system.