Cargotec applies the insider guidelines of Nasdaq Helsinki Ltd, in addition to which Cargotec’s Board has approved internal insider regulations that are based on the stock exchange guidelines.
Persons who have access to all Cargotec inside information when performing their duties are registered permanently. The members of the Board of Directors, the CEO and the other members of the Extended Executive Board, the Executive Assistant to the CEO and the officer maintaining the insider registers are included in the permanent insider list. Persons who, on the basis of an employment or other contract, work for the company and obtain insider information associated with a specific project, are entered in the company’s project-specific insider register, which is established when necessary.
Cargotec maintains a list of its' Managers and their closely associated persons. Cargotec’s Managers include the members of the Board of Directors, the CEO and the other members of the Executive Board. The Managers and their closely associated persons are obliged to notify Cargotec and the Finnish Financial Supervisory Authority of every transaction conducted on their own account relating to Cargotec’s financial instruments. Cargotec will publish each notification in the form of a stock exchange release.
Trading in Cargotec financial instruments is prohibited
(i) if a person possesses inside information,
(ii) regarding permanent insiders and their dependent children, during a period of 30 days prior to the publication of Cargotec’s annual or interim reports (closed window),
(iii) regarding persons having access to full Cargotec financials, especially persons engaged with preparing Cargotec’s annual or interim reports, and their dependent children, during a period of 30 days prior to the publication of such report, or
(iv) regarding project-specific insiders, for the duration of the project until the project is published or otherwise terminated.
The General Counsel of Cargotec is responsible for the overall insider management in Cargotec, including necessary training. Corporate Legal is responsible for maintaining the list of Managers and the insider lists and informing the insiders on their insider status and of closed windows. Corporate Communications is responsible for disclosing the transactions of the Managers and their closely associated persons.