Closed Period definition

Closed Period means (i) ten quotation days preceding and three quotation days following the disclosure to the public of the consolidated financial statements or annual statement of the Company; or (ii) the period as from the date the corporate management possesses material information which could, if disclosed to the public, significantly impact the quotation of the Shares of the Company, until ten quotation days after the day such information is disclosed to the public.
Closed Period means any of the following:
Closed Period means (i) the 10 trading days preceding and following the date on which the Company’s consolidated accounts or, failing that, the annual accounts, are made public; and (ii) the period between (x) the date on which the management bodies of the Company have knowledge of information which, if made public, could have a significant impact on the price of the Share and (y) the end of the tenth trading day following the date on which this information has been made public.

Examples of Closed Period in a sentence

  • If, for example, the Company were to make an announcement on Monday prior to 9:30 a.m. Eastern Time, then the Closed Period would terminate after the close of trading on Tuesday.

  • You will not ordinarily be given clearance to Deal in Company Securities during any period when there exists any matter which constitutes Inside Information or Material Non-Public Information or during a Closed Period.

  • If an announcement were made on Monday after 9:30 a.m. Eastern Time, then the Closed Period would terminate after the close of trading on Wednesday.•No Covered Persons may trade in the securities of the Company during any other period designated as a Closed Period by the General Counsel.

  • A notice will be issued to relevant Covered Persons when such a Closed Period commences and when it ends.The purpose behind the Closed Period is to help establish a diligent effort to avoid any improper transactions.


More Definitions of Closed Period

Closed Period means the periods set out in paragraphs 5.1(a) and 5.1(b);
Closed Period will have the meaning defined in Section L. 200-000-0 of the French Code de commerce, being:
Closed Period means any of the periods stipulated in subparagraphs 4(a), 4(b) and 4(c);
Closed Period means 1 January to 31 December inclusive each year but does not include a period declared to be a Trading Window.
Closed Period means a period commencing 30 calendar days before the targeted date of announcement up to the date of the announcement of the following to the Exchange
Closed Period means any period during which, in relation to any
Closed Period means that part of the Season that is not a Transfer Window. ‘Close Season’ means the period of the year outside the Season.