The Market Abuse Regulation (“MAR”) entered into force July 3, 2016. Following MAR regulation, Vaisala has no longer public insiders and the Company maintains no company specific insider register but only project-specific insider lists. 30-day closed window before publishing interim reports and financial statement release applies to the managers defined by Vaisala. Closed window ends following the publication day. Closed window also applies to the persons engaged in preparation of interim reports and financial statement report. Managers subject to transaction notification obligations comprise of Vaisala’s Board of Directors, President and CEO as well as members of the Vaisala Management Group.
Vaisala Legal Department is responsible for Vaisala insider management, training, and creation and maintenance of project and event specific insider lists. The decision on the delay of public disclosure of inside information is made by the President and CEO, CFO and/or General Counsel, two together, based on an evaluation of the conditions set out in MAR being met. When the Company makes the decision on delay of disclosure, a project or event based insider list regarding the inside information will be established. Persons, to whom project or event specific inside information is disclosed, are entered into the project or event specific insider list.
Vaisala Annual Review 2016
The following information on public insiders is not updated after July 3, 2016.