1. Policy statement
STX Europe ASA is committed to provide sufficient, accurate and consistent information to the various actors of the capital markets in a timely manner. The commitment will be evenly fulfilled irrespective of whether the information is positive or negative for the Company.
STX Europe ASA is committed to providing the financial markets with quality information, enabling investors and analysts to maintain a correct picture of the Company's true financial situation and risks and opportunities facing it in the future. Consequently STX Europe ASA will regularly provide more information than required by statutory disclosure requirements.
All material information is disclosed to recipients equally in terms of content and timing.
2. Investor Relations (IR) in STX Europe ASA
The mission of STX Europe ASA investor relations function is to enhance investors' and analysts' interest in the Company, build investor loyalty and attract new investors and analyst coverage. The function is fully centralized and supported by the STX Europe ASA Group Management.
2.1 IR spokespersons
Contact with third parties relating to STX Europe' financial and trading performance, strategy, significant litigation, disposals or acquisitions is restricted to the STX Europe ASA President & CEO, the Chief Financial Officer, Senior Vice President Communication and Investor Relations or any individuals they may authorize to undertake such contacts on their behalf.
Other officers or employees are not entitled to communicate with investors or analysts. In connection with news releases other contact persons can be named, but their authority is limited to the specific issue at hand.
2.2 Employee instructions
Employees whom are not authorized spokespersons are instructed to refer enquiries from analysts, investors or media to persons whom are authorized to speak on behalf of STX Europe ASA.
STX Europe ASA aims to improve transparency and visibility of the Company's financial development. All substantial contracts, investments and other developments are disclosed as soon they have been decided on and agreed with the relevant counterparties. The Company does not comment on rumours unless they originate from the Company.
All share price sensitive information is considered insider information until it is disclosed according to the Company's disclosure principles.
4. Forward looking information
STX Europe ASA gives guidance in the form of official outlook statement published in connection of releasing of interim financial results. If additional forward looking information is needed by the markets or if the Company's performance substantially deviates from what has been said, the official outlook will be rephrased and published according to the Company's disclosure principles.
5. Analyst estimates and reports
STX Europe ASA will review analyst estimates on its future performance and the averages of estimates can be shared with investors and analysts.
STX Europe ASA will review analysts' earnings models and reports only on the basis of (1) errors of historical facts that are in the public domain, or (2) on the basis of fully published information.
If analyst reports are requested, they are advised to contact the brokerage houses directly.
6. Quiet period
STX Europe ASA follows at least two weeks' quiet period before the release of quarterly financials. No meetings or call conferences are taken during the quiet period and other contacts with the financial community are limited to practical issues.