Fiskars’ Insider Policy, approved by the Board of Directors, outlines the policy related to trading in Fiskars shares by all employees, executives and directors. Fiskars publishes without undue delay all transactions made by the senior management and their closely associated persons by issuing a stock exchange release. In addition, the holdings of Fiskars shares by the Board of Directors, President & CEO and the CFO and their controlled entities and their managed entities (not controlled, but substantially equivalent economic interests) are displayed in the table below, subject to consent of the relevant person.
Fiskars senior management are subject to a number of trading restrictions and rules, including, prohibition to trade in Fiskars shares during a period of 30 calendar days prior to the release of the interim and the year-end report, including the day of the release. In addition, Fiskars sets trading restrictions based on participation in insider projects.
Information regarding management’s transactions are updated on this page without undue delay after the transaction.
Instructions for senior management and their closely associated persons
Fiskars senior management and their closely associated persons (referred to in the Market Abuse Regulation ((EU) No 596/2014, ”MAR”) are requested to follow the below instructions for notifying transactions as of July 3, 2016.
Senior management, as outlined in Fiskars Insider Policy, must notify Fiskars and the Finnish Financial Supervisory Authority (FIN-FSA) of every transaction in Fiskars shares conducted on his/her own account. The notifications shall be made promptly and no later than three business days after the date of the transaction. Fiskars recommends that an informal notice is given to the company on the same day, after the transaction has taken place and that the actual notification is provided to Fiskars at the latest within two business days after the date of the transaction.
The transaction shall be notified by using the transaction notification form, which needs to be emailed to Fiskars by using the email address firstname.lastname@example.org and sent to the Financial Supervisory Authority by going to https://securemail.bof.fi and sending the form as a secured e-mail to email@example.com.
Required information when completing the notification form:
- Fiskars Corporation LEI code: 743700BKTW4EQIVKYY42
- Fiskars Corporation share shortname: FSKRS
- Fiskars Corporation share ISIN-code: FI0009000400
- Notification reference: Generated automatically by the form (no need to fill in)
After receiving the notification Fiskars will issue a stock exchange release on the transaction without undue delay. Fiskars intends to publish all transactions notified, unless specifically requested not do so for transactions below EUR 5,000. However, the notification obligation begins, when the threshold of EUR 5,000 per a calendar year is met. Stock exchange releases related to management’s transactions are available on this webpage.
More information on the regulation concerning the notifications of senior management and their closely associated persons’ transactions is available at: https://www.finanssivalvonta.fi/en/regulation/regulatory-framework/markkinoiden-vaarinkayttoasetus/managers-transactions/.
Notifications related to management’s transactions
The file description (sections 10 and 24 of the personal data act) for management’s and their closely associated persons’ transactions is available here.