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when Representatives may deal in Company Securities;

Get Socialwhen Representatives are permitted to deal in Company Securities; and

   procedures to reduce the risk of insider trading.

 

Representatives must first comply with the
Corporations Act 2001
(Corporations Act) and

Join our Mailing ListAustralian Securities Exchange

(ASX) Listing Rules (Listing Rules).
 
Words and terms defined in the Corporations Act and Listing Rules have the same application in this policy.  
The Insider Trading Prohibition
The Corporations Act states that it is an offence for a person who possesses information that is not generally available and knows or ought reasonably to know that it is not generally available and that, if it were, a reasonable person would expect it would have a material impact on the price or value of a security, including an option, issued by the Company, to:
trade in (i.e. apply for, acquire or dispose of, or enter into an agreement to do any of these things) securities issued by the Company;
procure another person (e.g. a family member, friend, or family company, superannuation fund or trust) to trade in securities issued by the Company; or
directly or indirectly communicate, or cause to be communicated, the information to another person if the person knows or ought reasonably to know that the person to whom the information is made known may use the information to trade in or procure another person to trade in securities issued by the Company.