Buying and selling shares. The Corporations Act prohibits “xxxxxxx xxxxxxx” and imposes significant penalties if a person with "inside information" engages in xxxxxxx xxxxxxx. Examples of "inside information" are profit projections, knowledge of large contracts won or lost, knowledge of a merger or takeover or sale or knowledge of a significant change in personnel. The offence is to use information to trade or cause others to trade in the Company’s shares. Causing others to trade means to incite, induce, encourage, or tip off. In response to the above, the Company has developed a separate Trading Charter which directors are required to comply with in all trading activities. Set out in section 3 of this Policy, the Trading Charter:
Appears in 6 contracts
Samples: paygrouplimited.com, www.trafficltd.com.au, kellypartnersgroup.com.au
