The MAR imposes an obligation on persons discharging managerial responsibilities within an issuer, as well as persons closely associated with them, to notify the issuer and the Financial Supervision Authority of every transaction relating to the shares or debt instruments of that issuer or to derivatives or other financial instruments linked thereto.
Managers and their closely associated persons referred to in the Market Abuse Regulation ((EU) No 596/2014, “MAR”) are requested to follow the below instructions for notifying transactions to Olvi plc as of 3 July 2016.
Such notifications shall be made promptly and no later than three (3) business days after the date of the transaction.
The obligation of notification shall apply to any subsequent transaction once a total amount of 5,000 euro has been reached within a calendar year. The threshold value shall be calculated by adding without netting all transactions referred to in Article 19, paragraph 1 of the MAR within a calendar year.
Olvi plc has notified the persons discharging managerial responsibilities of their obligations under Article 19 of the MAR in writing.
Furthermore, persons discharging managerial responsibilities shall notify the persons closely associated with them of their obligations under Article 19 of the MAR in writing and shall keep a copy of this notification.
Instructions for filling the transaction notification form:
Information needed on the form
|Olvi plc´s LEI code||7437003NX7WWVRT6AJ55|
|Shortnames of Olvi plc´s shares||OLVAS (A Share)
OLVKS (K Share)
|ISIN codes of Olvi plc shares|| FI0009900401 (A Share)
FI0009901300 (K Share)
|Notification Reference||Generated automatically (no need to fill in)|
- Send the filled form attached to an e-mail to the Olvi plc and the Financial Supervisory Authority promptly after the date of the transaction. Do not send the form by post because of the short time frame (3 business days).
The filled form attached to an e-mail is sent to the Company and the Financial Supervisory Authority as follows:
Sending to the Financial Supervisory Authority:
Sending to Olvi plc:
Send the form attached to an e-mail to hallinto(at) olvi.fi .
Please also add your phone number to the e-mail message so that we can contact you if Olvi plc has questions about the notification.
In case of any problems, please contact hallinto (at) olvi.fi. Olvi plc publishes the notification it has received in a stock exchange release promptly after receipt of the notification.
Further information on the regulation concerning the notifications of Managers’ and their closely associated persons’ transactions -> Finanssivalvonta.
Reports of potential abuse
If you detect potential negligence of the Market Abuse Regulation (MAR), Olvi plc´s Code of Conduct, the company’s other operating principles, or legislation, submit an e-mail to Olvi plc’s ethical reporting channel at hallinto(at)olvi.fi.
Closed window (MAR Article 19)
Any member of Olvi plc’s Board of Directors, the Managing Director or any other person discharging managerial responsibilities shall not conduct any transactions relating to the listed company’s securities or to other financial instruments linked to them during a closed period of 30 calendar days before the announcement of a financial report (closed period). Event-based insiders are not allowed to trade in the company’s shares or comparable securities during the period in which they belong to event-based insiders.
Compliance with the guidelines is regularly supervised in accordance with instructions issued by the Board of Directors of Olvi plc. Failure to comply with the guidelines may result in penalties. Insider trading and the information provided by those insiders subject to a notification obligation shall be reviewed annually on the basis of information contained in registers.
The Chief Financial Officer of Olvi plc is designated as the person responsible for insider affairs.
Olvi plc has a feedback channel through which Olvi Group employees may anonymously report any suspected violations of financial market legislation and regulations within the listed company (whistle blowing). The feedback is collected by corporate administration