Managing of insider issues
Outokumpu's insider rules are based on and comply with the Guidelines for Insiders issued by NASDAQ OMX Helsinki. The company's permanent insiders with a duty to declare consist of members of the Board of Directors, the Auditor in Charge, the CEO and his deputy, and other members of the Group Executive Committee. Outokumpu maintains a public register of permanent insiders with the duty to declare. Employees of the Group who receive inside information on a regular basis as a result of their position or their duties are registered in a non-public register of permanent company-specific insiders. Permanent insiders must not purchase or sell securities issued by the company in the 14 days prior to publication of interim reports or the annual accounts (the so-called closed window).
Separate non-public project-specific insider registers are maintained for insider projects. Persons defined as project-specific insiders are those who, in the course of their duties in connection with a project, receive information concerning the Group which, when realised, is likely to have a significant effect on the value of the company's publicly-traded securities.
Outokumpu's General Counsel is responsible for coordinating and supervising insider issues. Up-to-date information on holdings by Outokumpu's permanent insiders with a duty to declare can be found here.
The register of insider holdings is available for public inspection at the Outokumpu head office.