LPD 50.0% 0.1¢ lepidico ltd

Ann: Appendix 3B and s.708A Notice, page-13

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    He can only trade in certain windows. There are few windows available.
    "All listed entities should have in place a policy about share trading by directors and employees. Directors should encourage a workplace culture where the policies regarding trading in the company's securities and the prohibitions around insider trading are clearly understood, along with an appreciation of the risks that the policy is addressing. Such a policy should include appropriate 'closed periods' or 'blackouts' where trading is prohibited, any restrictions or exclusions on trading during other trading 'windows', and state the approvals required to be obtained before trading.
    Trading is not permitted under the law in any circumstances if the person trading knows unannounced, price-sensitive information. Prior to trading, directors need to consider whether the market is fully informed of all material price-sensitive information. Such a decision is often complex, and based on the particular circumstances at the time of trading. Where the decision is a difficult one, best practice is to err on the side of caution and consider not only the law but how the trading could be perceived by the market.
    "

    LPD has this policy in place and it has been referred in past conversations.
 
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