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The Thirty day rule

Persons holding insider positions at listed companies are prohibited from trading in the company's shares for a period of thirty days prior to the publication of a regular interim report, the day of publication included.

The prohibition applies to the company's board chairman and deputy chairman, managing director and deputy managing director, auditors and deputy auditors. The same applies to physical and legal entities whose shares are equated with the shares held by the person with an insider position (i.e. related parties) and the company's trading in its own shares.


From Until Grounds
2011-04-05 2011-05-05 Interim report Q1, 5th of May 2011

The prohibition does not, however, cover shares that are sold in accordance with the terms of a public offer for the purchase of shares or the sale of allotted subscription warrants and redemption rights and other similar rights such as conversion rights.

If special reasons exist, the Finansinspektionen (Swedish Financial Supervisory Authority) can grant further exemptions from the prohibition.