Trading Blackout definition

Trading Blackout means any time period during which the Corporation’s most senior officers and directors are prohibited from trading in Shares through a restriction imposed by the Corporation pursuant to its Insider Trading and Blackout Policy.
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Trading Blackout means any restricted trading period imposed by the Corporation during which the directors and officers of the Corporation and specified employees are prohibited from trading in the securities of the Corporation.
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Trading Blackout means any time period during which the Corporation’s most senior officers and directors are prohibited from trading in Shares, whether as a result of applicable insider trading laws, rules and regulations, or the Corporation’s Insider Trading and Blackout Policy.
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Examples of Trading Blackout in a sentence

  • Trading Blackout Periods remain in force until advised by the Company Secretary.

  • The annual grant of Options to such directors will be made at the meeting of the Board of Directors held on the day of the annual meeting of shareholders of the Corporation unless such day is within a Trading Blackout, whereupon such grant of Options will be made on the first business day following the cessation of the Trading Blackout.

  • Regularly scheduled meetings of the Board will review anticipated upcoming events and determine the requirement if any, for a Trading Blackout Period to be imposed leading up to upcoming events and the appropriate time to institute the Trading Blackout Period.

  • Designated Persons are permitted to trade in Pharmaxis securities under this policy other than during a Trading Blackout Period, provided they are not in possession of Inside Information relating to Pharmaxis which has not been made public, and they are in compliance with this policy and the law, and they have sought and obtained prior written clearance from the Company Secretary (see Trading Clearances below).

  • Unless otherwise advised by the Company Secretary, Trading Blackout Periods are in force from the following dates: 1st January 1st April 1st July 1st October Other periods as advised by the Company Secretary in anticipation of reporting dates or significant events.

  • Those subject to these rules will be notified by the Company’s Compliance Officer and will be provided with a copy of the Company’s Trading Blackout Policy.

  • The CEO may waive the application of any particular Quarterly Trading Blackout in respect of one or more Personnel and Advisors where the CEO has determined that it is appropriate and such person(s) is/are not privy to undisclosed material information.

  • The Compliance Officer of the Company may also declare a special Trading Blackout as he/she may deem necessary.

  • For the purposes hereof, a “Black-Out Period” means that period during which a trading black-out period is imposed by the Corporation, pursuant to its Trading Blackout Policy or otherwise, to restrict trades in the Corporation’s securities by an Option Holder.

  • Prohibition on Trading During a Trading Blackout Period for Insiders Insiders should not, directly or indirectly through any person acting on their behalf, buy or sell securities of the Organization when there is, or is a potential for, a significant event occurring, or there is information which is available but not due for disclosure until approved by management or a Board of Directors (e.g. quarterly financial information).


More Definitions of Trading Blackout

Trading Blackout means any restriction on trading by a Participant in the Corporation's securities imposed by the Corporation.
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Related to Trading Blackout

  • Trading Window means a trading period for trading in Company‘s Securities as specified by the Company from time to time

  • Trading Policy means the Company’s policy permitting certain individuals to sell Company shares only during certain “window” periods and/or otherwise restricts the ability of certain individuals to transfer or encumber Company shares, as in effect from time to time.

  • Trading means and includes subscribing, buying, selling, dealing, or agreeing to subscribe, buy, sell, deal in any securities, and "trade" shall be construed accordingly.

  • Principal Market means the Nasdaq National Market, the Nasdaq SmallCap Market, the American Stock Exchange, the OTC Bulletin Board or the New York Stock Exchange, whichever is at the time the principal trading exchange or market for the Common Stock.

  • Trading Market means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any successors to any of the foregoing).

  • Trading Day means a day on which the principal Trading Market is open for trading.