Insiders
The Stonesoft Group has complied with the Guidelines of the NASDAQ OMX Helsinki Ltd (formerly Helsinki Exchanges) for Insiders since July 25 2002, which are complemented by the company's own insider regulations.
Under the Finnish Securities Market Act, the permanent insiders of Stonesoft, based on their positions, are the members of the Board of Directors, the CEO and the auditors. Under the company’s own insider regulations, the individuals in the following positions are regarded as permanent insiders: the members of the Group’s Executive Management, Regional Directors, Marketing, Communications, Order Team and Product Managers, lawyers, controllers, the Chief Accountant and all other positions entitled to global access to the company’s sales management system, Salesforce.com.
The Company's own insider regulations regulate trading with the company's shares as follows. Permanent insiders must schedule their trading within four (4) weeks' time after publication of the company's financial statements release or the publication of an interim review (the so-called open window).
In addition, the Board of Directors has given the following recommendation to all Stonesoft employees:
(1) Stonesoft's shares and/or other securities should be acquired only as long-term investments; and
(2) Acquisitions and disposals of Stonesoft's shares and other securities should be scheduled for times when the markets have as detailed and accurate information as possible on factors affecting the value of the company's securities (e.g. after the disclosure of results).