Home Investors Governance Disclosure Policy General disclosure requirements

General disclosure requirements

Price sensitive and confidential information

Ramirent shall always, without undue delay, disclose correct and relevant information with equal and simultaneous access to all market participants about decisions, facts or other circumstances that are ‘price sensitive’, ie. information which may materially affect the price of the company’s listed securities, in accordance with the Finnish Securities Markets Act.

The following are classified as price-sensitive information and must be disclosed as a stock exchange release without undue delay. Ramirent issues stock exchange releases on a regular basis on the following matters:

  • Financial reports quarterly
  • Guidance/ targets and forward-looking statements
  • Changes in Board of Directors, management and auditors
  • Significant changes concerning Group structure
  • Share-based incentive programs
  • AGM resolutions

 

After materiality assessment a stock exchange release may also be published on the following matters:

  • Significant capital expenditures
  • Acquisitions and divestments of strategic significance
  • Credit or customer losses
  • Significant loan facilities
  • Important new product range expansions
  • Significant new orders or cooperation agreements of strategic importance
  • Significant legal actions initiated by or against Ramirent or its subsidiary
  • Crisis situations with significant impact on Ramirent‘s operations or reputation
  • Significant reorganizations, rationalizations or close-downs of operations
  • Major labour disputes

 

The above list is not exhaustive and, if there is any doubt, the proposed announcement should be regarded as potentially share price sensitive and brought to Corporate Communication’s attention.

Dissemination of information

The company uses a variety of means for dissemination of public information, including stock exchange releases, press releases, the corporate web site, publications, interviews, public presentations, public conference calls and web casts.

Price-sensitive information will be released and filed as a stock exchange release at group level. The team of CEO, CFO, Corporate Communications, IR and General Counsel makes the disclosure decisions.

Ramirent Group distributes its stock exchange releases and press releases through NASDAQ OMX Helsinki distribution service which ensures simultaneous and equal access to all market participants to information disclosed.  The release is simultaneously posted on the corporate website www.ramirent.com, which is the main channel for up-to-date information in English and Finnish on the Ramirent Group. All market participants can also subscribe to Ramirent news releases on the company website www.ramirent.com.

Company calendar and silent period

Ramirent publishes a company calendar for each year listing the dates on which the company discloses its quarterly financial reports and date of the annual general meeting.

Ramirent observes a silent period of 21 days prior to the announcement of financial reports to prevent divulging financial information and to ensure equality. During this period Ramirent’s top management refrains from making any contacts or comments to investors, analysts and the media about the company’s business prospects, financial results, or future prospects.

If an incident that arises during a silent period is subject to timely disclosure, Ramirent will, however, without undue delay disclose the information according to the disclosure regulations and may comment that particular matter.

Communication with the investor community

Ramirent interacts with shareholders and securities analysts on regular basis on roadshows and meetings in Finland and abroad to present the company, its business model, strategy and financial performance. Only the disclosed information will be disseminated to the analysts and investors in the course of individual meetings and corporate presentations with Ramirent management.

Ramirent responds continuously and without undue delay to routine inquiries from shareholders, investors, analysts and the media. Ramirent will review, upon analyst’s request, his or her research report only for factual accuracy of information that is in the public domain.

Ramirent monitors the markets’ expectations and aims to educate the market so that the underlying assumptions for market estimates are aligned with the company’s business logic.

Under no circumstances will Ramirent comment the company’s valuation or share price development, give preference to one particular analyst or distribute the analysts’ reports to the investment community.

All events and presentations involving shareholders, investors and analysts, their conduct and the support materials are prepared and coordinated by Ramirent’s Corporate Communications and Investor Relations function. Presentations used in investor meetings, capital market days, interim reports disclosures and the like are available on the company’s website at www.ramirent.com/investors.

Spokespersons

The authority to make public statements on behalf of Ramirent as a group entity rests with the CEO, CFO, the head of Corporate Communications & IR.

For individual subsidiaries, the spokesperson is the Managing Director or the general Manager of the unit, or a designated senior executive.

 

 

 




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