Genneia Takes Control of Trading Decisions
Ensuring Transparency and Fairness in Trading Practices
In a bold move to guarantee transparency and fairness in its trading practices, Genneia has implemented an Insider Trading Policy that puts full control over trading decisions in the hands of its stakeholders.
What is Insider Information?
Genneia defines inside information as material non-public information that could affect an investment decision. This includes:
- Changes in management
- Loss of a client
- Major changes in earnings expectations
The company emphasizes that materiality is judged in hindsight, meaning that even seemingly minor information can have significant consequences for the market.
Insider Trading Policy
The policy defines an insider as anyone who owes loyalty and confidence to the company, including:
- Directors
- Employees
- Supervisors
These individuals are prohibited from buying or selling Genneia securities based on inside information they may have access to. Additionally, outsiders who owe loyalty and confidence to corporate insiders, such as family members and close friends, are also subject to the policy’s restrictions.
Consequences of Insider Trading
Insider trading occurs when individuals buy or sell Genneia securities based on inside information. This includes “tipping,” where an insider shares confidential information with someone else who then trades on it.
The company warns that anyone found guilty of insider trading will face severe penalties, including:
- Corporate disciplinary action
- Termination
- Potential criminal charges
Short Sales Policy
Genneia also clarifies the concept of short sales, which involve selling securities with the expectation of buying them back at a lower price. The company emphasizes that short sellers must comply with all applicable regulations and guidelines.
Reporting Suspicions of Insider Trading
The policy encourages employees to report any suspicions of insider trading to the Chief Compliance Officer or Internal Audit department. Genneia assures that no one will face adverse consequences for raising concerns in good faith.
Conclusion
Genneia’s Insider Trading Policy demonstrates its commitment to transparency and fairness in trading practices. By putting full control over trading decisions in the hands of its stakeholders, the company is ensuring a level playing field for all investors.
Contact Us
For any questions or concerns about buying or selling Genneia securities, please contact:
- Chief Financial Officer
- Chief Compliance Officer
To report suspicions of insider trading, please visit www.Genneia.com.ar under Contact Us and email conducta.empresarial@genneia.com.ar.