Insiders
>> Amer Sports' insider register
Amer Sports’ insider policy is based on the Guidelines for Insiders published by NASDAQ OMX Helsinki Ltd. and Finland’s Securities Market Act. Members of the Board of Directors, Executive Board and the company’s auditor are Amer Sports’ public insiders. Persons in charge of Amer Sports finances, results reporting and communications, assistants to top management personnel and principal users of the company’s IT system are included in the company specific register of insider holdings. Similarly, other persons who are responsible for key company operations and regularly receive insider information in the course of their duties are included in the company-specific register of insider holdings.
Silent Period
As of October 1, 2011, Amer Sports will start the silent period immediately after the closing of the accounts. During the silent period, Amer Sports’ top management and Investor Relations do not meet with the representatives of capital markets or financial media, nor comment on issues related to the company’s financial situation or general outlook.
If an event occurring during the silent period requires immediate disclosure, Amer Sports will disclose the information without delay in compliance with disclosure rules and may also comment on the event concerned.
The silent period will start from closing of the accounts until the quarterly results are made public as follows:
- Start of the silent period: January 1, April 1, July 1, and October 1.
- End of the silent period: The results of the each respective quarter are made public.
The closed window rule for Amer Sports' insiders enters into force and ends at the same time as the silent period. Insiders are not allowed to trade in the company’s securities during the closed window period.
Project-specific insiders
Persons who are either party to the preparation of a project or possess knowledge relating to a confidential project which, when implemented, is likely to have a substantial impact on the value of the Amer Sports securities, are project-specific insiders. Similarly, all persons outside the company, who in the course of their duties or otherwise, acquire the aforementioned information, are included in the project-specific register of insider holdings. Amer Sports defines on a case-by-case basis the projects under preparation that are subject to insider rules.
The Amer Sports Vice President of Legal Affairs acts as the insider compliance officer and is responsible for the due disclosure of information on insider matters. The Vice President of Legal Affairs is also responsible for maintaining the insider register. Amer Sports keeps its insider register within the SIRE system operated by Euroclear Finland Ltd.
