Insider stock trading

 Our internal dealing procedure governs market disclosure requirements and the limitations on relevant transactions. 

As part of its update of internal rules and in compliance with the applicable regulations – in particular the entry into force, from 3rd July 2016, of Regulation (EU) n. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse - our company has recently amended its Market Abuse Policy.

The Policy has a section dedicated to internal dealing matters which covers the disclosure of information to the market on relevant transactions carried out by internal dealers and parties closely associated to them in accordance with the applicable legislative and regulatory provisions.