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Italian Edibles LimitedImportant, 06-03-2025: Updates

06-03-2025 | 05:38 pm

Amendments to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) have been approved by the Board of Directors at the recent meeting. These changes are aimed at enhancing compliance with fair disclosure practices and ensuring timely communication of price-sensitive information to investors. The updated code emphasizes the importance of uniform dissemination and outlines responsibilities for a designated Chief Investor Relations Officer (CIRO) to manage disclosures effectively. The CIRO is tasked with overseeing interaction with analysts and institutional investors, ensuring no selective disclosures occur, while maintaining strict protocols regarding potentially price-sensitive information. This initiative aligns with the company's commitment to transparency, potentially bolstering investor confidence and creating a more informed market environment. Investors should monitor these developments closely as they could enhance the company's overall governance framework.

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