Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse and repealing Directive 2003/6/EC of the European Parliament and of the Council and the Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (MAR Regulation) introduces the concept of so-called closed periods.
Pursuant to art. 19(11) a person discharging managerial responsibilities within the Company (i.e. members of the Supervisory Board and the Management Board) shall not conduct any transactions on its own account or for the account of a third party, directly or indirectly, relating to shares or debt instruments of the issuer or to derivatives or other financial instruments linked to them during a closed period of 30 calendar days before the announcement of an interim financial report or a year-end report.
Pursuant to art. 19(12) of the MAR Regulation, in the circumstances set out in regulations the Company may allow a person discharging managerial responsibilities within it to trade on its own account or for the account of a third party during a closed period.
To provide equal access for all stockholders to information disclosed by GOBARTO S.A., the Management Board of GOBARTO S.A. has decided that in periods that precede the publication of periodic reports (closed periods in the meaning of MAR Regulation), no discussions will be conducted or meetings held with analysts, investors, or media representatives.
Type of report
Closed period beginning
Number of closed period days
Closed period end
|Annual report for the financial year of 2017||22 March 2018||20 February 2018|
|22 March 2018|
|Consolidated annual report for the financial year of 2017||22 March 2018||20 February 2018|
|22 March 2018|
|Consolidated quarterly report for Q1 2018||15 May 2018||15 April 2018|
|15 May 2018|
|Consolidated quarterly report for H1 2018||21 August 2018||22 July 2018|
|21 August 2018|
|Consolidated quarterly report for H2 2018||14 November 2018||15 October 2018|
|14 November 2018|
Please note possible changes of deadlines for publishing regular reports that may be indicated by the Company.
According to art. 103(2) of the Regulation by the Minister of Finance of 19 February 2009 concerning current and regular information provided by issuers of stocks and conditions of recognising as equivalent information required under regulations of the law of the state that is not a member state (the harmonised text in Dz.U.2014.133 as amended), a change of dates of submitting regular reports is provided in the form of a current report.
The above-mentioned facts may affect the beginning and end of a closed period.