Principles of disclosing information

Principles of disclosing information

The disclosure of information by a publicly traded company is regulated by the Tallinn stock exchange „Requirements for Issuers“, the regulation (EU) No 596/2014 of the European Parliament and of the Council (i.e. Market abuse regulation, MAR) and the Securities Market Act. An overview about applying the main requirements of the aforementioned documents in entities belonging to the AS Merko Ehitus group is provided in the group’s internal document “Procedure for disclosing information”, where the information to be disclosed by us is also presented by topics.

We disclose significant information, i.e. information that possibly has an impact on the price of shares immediately after obtaining assurance the information is correct and does not harm the interests of us and our partners. We disclose the information through the Tallinn stock exchange system in Estonian and English, and at the same time, on the group’s website. In addition to the stock exchange system, we share information about the company in other channels, including the media, social media, and the company’s website.

As a publicly traded entity, we must observe the Tallinn stock exchange rules also in communication with our customers, partners, media and other target groups, which primarily constitutes limitations on disclosing out of the entity information that has not yet been disclosed through the stock exchange system. We answer the questions asked by the journalists at first chance, but not before we have obtained assurance the information is correct and disclosing the information does not harm the interests of us and our partners. We proceed from the rules of press ethics in communication which stipulates the giving of floor to all parties in the article to be published. In our communication, we rely on the principles of journalistic ethics, which, among other things, stipulates the giving of floor to all parties. In case of media inquiries, please contact either the group Communication Manager or the Communication Manager of a specific subsidiary, depending on the topic.

If information, that is significant for the purposes of the stock exchange rules, has been disclosed to the public through other channels, we immediately disclose the same information as a stock exchange notice. Generally, we do not comment on publicly circulating rumours, the assessments of analysts or information published in the media. However, if these could impact the price of AS Merko Ehitus shares, we publish the stock exchange notice to disprove rumours or to correct the false content of the information.