Corporate governance

Insider issues

Insider issues

Tecnotree complies with the laws regulating the securities markets, including the EU Market Abuse Regulation, the Finnish Securities Market Act and regulations issued by the European Securities and Market Authority ESMA and the Finnish Financial Supervision Authority FSA. Furthermore, Tecnotree complies with the Guidelines for Insiders of Listed Companies 2016 issued by Nasdaq Helsinki Oy. The company has also introduced its own insider guidelines.

The marketing abuse regulation obliges Tecnotree’s persons discharging managerial responsibilities and persons closely associated with them to notify Tecnotree and the FIN-FSA about transactions conducted with Tecnotree’s Financial Instruments. Hence also persons closely associated with the persons discharging managerial responsibilities have an independent obligation to notify transactions to Tecnotree and the FIN-FSA.

Tecnotree has drawn up a list of all persons acting in managerial responsibilities as well as persons closely associated with them.

The persons deemed to discharge managerial responsibilities at Tecnotree are:

  • Members of the Board of Directors, possible deputy members, the CEO and the Deputy CEO; and

  • Other senior executives who have regular access to inside information and power to take managerial decisions affecting the future developments and business prospects of the listed company.

  • When necessary, the company prepares project-specific insider registers for major projects.

Tecnotree's Board of Directors has confirmed a restriction on the above to trade in the company's shares 30 days prior to the publication of financial reports.

Insider issues are managed and monitored by the company's CFO.

Notification of Managers Transactions add

Tecnotree Corporation managers and their closely associated persons referred to in the Market Abuse Regulation ((EU) No 596/2014, ”MAR”) are requested to follow the below instructions for notifying transactions as of 3 July 2016. Such notifications shall be made to Tecnotree Corporation and the FIN-FSA immediately after the date of the transaction.

1. Please fill in the transaction notification form

The form is available at Managers Transactions Form

Information needed on the form:
Tecnotree Corporation’s LEI code 743700MRPVY17ASHCX38
Trading code of Tecnotree Corporation shares TEM1V
ISIN code of Tecnotree Corporation shares FI0009010227
Notification reference Generated automatically (no need to fill in)

2. Please send the filled form attached to an e-mail to the Company and the Financial Supervisory Authority promptly after the date of the transaction

Do not send the form by post because of the short time frame (3 business days).

The filled form attached to an e-mail is sent to the Company and the Financial Supervisory Authority as follows:

Sending to the Financial Supervisory Authority:

  • Go to and send the form as a secured e-mail to

Sending to Tecnotree Corporation:

  • Send the form attached to an e-mail to
  • Please also add your phone number to the e-mail message so that we can contact you if Tecnotree has questions about the notification.

In case of any problems, please contact

3. Tecnotree Corporation publishes the notification it has received in a stock exchange release promptly after receipt of the notification.

Further information on the regulation concerning the notifications of managers’ and their closely associated persons’ transactions is available here.