The Great Eastern Shipping Company Limited — Important, 28-01-2025: General Updates
The Board of Directors has amended the 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.' This revised code emphasizes the importance of fair disclosure to all stakeholders, ensuring that no selective disclosure occurs. The handling of unpublished price-sensitive information (UPSI) is to be done on a need-to-know basis, and all material information must be safeguarded from misuse.
Key changes include an updated list of authorized officers responsible for communicating with analysts and investors and a clear mandate for making any UPSI publicly available as soon as it becomes credible. The Company Secretary has been designated as the Chief Investor Relations Officer to oversee these disclosures. These updates aim to enhance transparency and protect investor interests, reflecting the company's commitment to uphold trust and integrity in its communications.
Investors should keep an eye on further developments that may arise from this updated code, presenting potential opportunities for engagement with the company.
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